• Open

    Mergers and Acquisitions: Understanding Takeovers
    In the language of mergers and acquisitions, battleground terms meld with bizarre metaphors to create a unique vocabulary.  ( 21 min )
    How Crude Oil Affects Natural Gas Prices
    Learn about the origins of oil, how its price is determined, and what effect its correlation with natural gas prices has on the global economy.  ( 27 min )
    Stock Dividend: What It Is and How It Works, With Example
    A stock dividend is a payment to shareholders that is made in additional shares rather than in cash.  ( 26 min )
    What Are 409A Plans?
    A 409A plan is a non-qualified deferred compensation plan for compensation that has been earned but not received. It can be a tax-saving strategy for high earners.  ( 21 min )
    Open Interest: Definition, How It Works, and Example
    Open interest is the total number of outstanding derivative contracts, such as options or futures, that have not been settled.  ( 23 min )
  • Open

    S&P 500 Rallies Back To Highs, But Watch For This; Tesla Deliveries Due
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  • Open

    What Is a Billing Statement? Definition, Key Details, How To Read
    A billing statement is a monthly report that credit card companies issue to credit card holders that provides key information.  ( 22 min )
    Primary Account Number (PAN): What It Is, How It Works on Cards
    A primary account number is a unique identifier for a credit, debit, or other form of payment card.  ( 22 min )
    What Is a Purchase APR? Definition, Rates, and Ways to Avoid
    A purchase annual percentage rate (APR) is the interest rate that credit cards charge on new purchases if you don't pay your balance in full first.  ( 23 min )
    Issuer Identification Number (IIN): Definition and Examples
    The issuer identification number (IIN) is the first few digits of a payment card number issued by a financial institution.  ( 22 min )
    Dynamic Currency Conversion (DCC): What It Is and How to Avoid It
    Dynamic currency conversion (DCC) is a service that lets you make a point-of-sale (POS) credit card purchase in a foreign country using your home currency.  ( 23 min )
    Currency Conversion Fee: How It Works, Types & Ways to Minimize
    A currency conversion fee is a charge that financial institutions or networks can impose when you convert one currency (such as U.S. dollars) into another (such as euros).  ( 22 min )
    Merchant Discount Rate (MDR): Definition, Purpose, Average Fees
    The merchant discount rate is a fee charged to a merchant for payment processing services on debit and credit card transactions.  ( 22 min )
    Omnibus Clause Definition
    An omnibus clause is an automobile liability insurance policy clause that extends coverage to individuals not named in the policy.  ( 19 min )
    How to Pay Off Your Student Loans
    Paying off education debt can be a financial headache. Learn how to repay your student loans to get out of debt faster and save on interest charges.  ( 27 min )
    Student Loan Repayment Options: What's the Best Way to Pay?
    There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 27 min )
    Uses for Your Money Before Student Loan Forbearance Ends
    With payments for federal student loan payments currently suspended, you can use this time wisely by putting your money to work in other areas.  ( 23 min )
    How to File for Student Loan Bankruptcy
    The process for how to file for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.  ( 29 min )
    Should You Refinance Your Student Loans?
    Refinancing can lower your student loan payments. But does it make sense for your financial situation?  ( 23 min )
    10 Tips for Managing Your Student Loan Debt
    How to manage those burdensome payments as you embark on your adult life.  ( 25 min )
    Dow Jones Today: Index Finishes First Half Higher, Led by Tech Stocks
    The Dow was up more than 300 points, led by Apple as tech stocks soared.  ( 16 min )
    How to Get Your Student Loans Forgiven
    Income-based repayment plans and forgiveness for public service employees can help you erase student debt.  ( 32 min )
    Private vs. Federal College Loans: What's the Difference?
    Student loans are available from both the federal government and private lenders. Federal student loans have more flexible repayment options.  ( 28 min )
    Forward Delivery Definition
    Forward delivery is the final stage in a forward contract when one party supplies the underlying asset and the other takes possession of the asset.  ( 19 min )
    Managing Your Student Loans During College
    Paying student loan interest during school will help you start your adult life with less debt. But it's not always the best decision.  ( 27 min )
    Calculate Capital Employed From a Company Balance Sheet
    The simplest presentation of capital employed is total assets minus current liabilities.  ( 22 min )
    Top 5 Companies Owned by British Petroleum
    Castrol, Aral, Amoco, ampm and Thorntons are major companies owned by BP.  ( 21 min )
    The Most Common Student Loan Scams and How to Avoid Them
    Watch out for these four major scams so you don't pay for free services or are a victim of identity theft, trashed credit, late fees, and more.  ( 27 min )
    What Happens if You Don’t Pay Your Student Loans?
    Here are some of the worst consequences of not paying your student loans, in addition to ways to help you if you’re struggling to pay.  ( 24 min )
    Ex-Warrant Definition and Example
    When a security is ex-warrant, the buyer of that security is not entitled to attached warrants. They purchase the primary security, but not the warrants.  ( 20 min )
    Bausch + Lomb Buys Novartis Drugs for $1.75 Billion Expanding Eye Care Portfolio
    Eye care company Bausch + Lomb said it would pay $1.75 billion to acquire a portfolio of eye care products from Swiss healthcare giant Novartis.  ( 17 min )
    Will CD Rates Climb Higher in July?
    Today's CD rates are at record levels, already paying their highest rates in almost 16 years. But will banks and credit unions raise them higher in July?  ( 18 min )
    Top CD Rates Today, June 30, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Federal Watchdog Proposes New Rules to Ban Fake Online Reviews
    The FTC’s proposal covers fake reviews, pressure to take down negative reviews, and buying and selling fake social media likes and follows.  ( 17 min )
    BMO Bank CD Rates: July 2023
    BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 20 min )
    Toll Revenue Bond Definition
    A toll revenue bond is a type of municipal bond whose principal and coupon are repaid from the toll revenues collected from the public project that was funded by that issue.  ( 21 min )
    Rolling Option: What it is, How it Works, Examples
    Rolling option offers a buyer the right to purchase the underlying security at a future date, as well as the choice to extend that right, for a fee.  ( 19 min )
    What Is Student Loan Forgiveness?
    Student loan forgiveness is a release from having to repay the borrowed sum, in full or in part. It's currently limited to borrowers in certain public service fields.  ( 30 min )
    Despite Supreme Court Ruling, Calls Remain for Student Loan Debt Relief
    The Supreme Court's ruling on student loan forgiveness has done little to change the divisions of opinion on the topic. Some are putting pressure on President Joe Biden to find another avenue to forgiveness while others are celebrating the decision.  ( 18 min )
    Apple's Market Cap Hits $3 Trillion, Again
    Apple's market cap returned above $3 trillion on Friday after briefly breaching it in January 2022. It's the only publicly listed U.S. company to reach that level.  ( 17 min )
    Citibank CD Rates: July 2023
    CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 20 min )
    Vanguard CD Rates: July 2023
    Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )
    TIAA Bank CD Rates: July 2023
    CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 20 min )
    Third Federal CD Rates: July 2023
    A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 20 min )
    Student Loan Interest Rates
    Knowing the current student loan interest rates and ranges for July 2023 can help you figure out how much it could cost to borrow money for a college education.  ( 23 min )
    PenFed CD Rates: July 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )
    Huntington Bank CD Rates: July 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 21 min )
    How to Get a Business Loan July 2023
    Wondering how to get a business loan? This article provides tips and guidance on how to navigate the loan application process and increase your chances of approval.  ( 23 min )
    First Republic Bank CD Rates: July 2023
    First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 20 min )
    Citizens Bank CD Rates: July 2023
    Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )
    CIT Bank CD Rates July 2023
    A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )
    Chase CD Rates: July 2023
    Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )
    Capital One CD Rates: July 2023
    Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum balance required.  ( 20 min )
    Fidelity vs. TD Ameritrade: Which Should You Choose?
    TD Ameritrade is best for investors and traders alike, due to its educational programs and thinkorswim platform. Fidelity is a better value but has fewer features.  ( 23 min )
    Markets Climb Midday, Boosted by Cooling Inflation
    U.S. equity markets were sharply higher at midday on Friday, June 30, 2023, amid optimism that inflation is edging closer to the Fed's 2% target.  ( 16 min )
    Bank Lending Survey Definition
    A bank lending survey is a questionnaire circulated by a country's central banking authority to assess the overall lending environment.  ( 19 min )
    Nike Shares Drop After Earnings Miss as Costs Jumped, Squeezing Margins
    Nike shares dropped over 2% in early trading on Friday after reporting earnings that missed estimates as margins were squeezed by higher costs and markdowns amid a pullback in consumer spending.  ( 18 min )
    Supreme Court Strikes Down Biden’s Student Loan Forgiveness
    The Supreme Court struck down President Joe Biden’s student loan forgiveness program Friday, ruling that the administration didn’t have the authority to cancel up to $20,000 per federal loan borrower.  ( 20 min )
    Mortgage Rates Surge Near the End of June
    Rates on 30-year mortgages surged after six prior days of continuous growth, gaining a total of 26 basis points. Most other averages were also up Thursday.  ( 20 min )
    Effective Net Worth Definition
    Effective net worth is shareholders' equity plus subordinated debt: the last loans to be repaid in the event of bankruptcy.  ( 19 min )
    Personal Loan vs. Mortgage
    A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren't restricted to real estate. Here's what you need to know about a personal loan vs. a mortgage.  ( 23 min )
    How Unilever Makes Money
    Unilever's Nutrition segment generates the most sales but the largest growth was driven by its Home Care segment.  ( 20 min )
    Fed’s Preferred Inflation Gauge Cooled in May to Its Slowest Pace in Two Years
    The Fed’s preferred inflation gauge moderated in May to its slowest annual pace in two years, in a sign that the central bank’s rate hikes are having their desired effect in cooling price pressures.  ( 17 min )
    U.S. Census Bureau Definition
    The United States Census Bureau is a division of the Bureau of Commerce that is responsible for conducting the national census at least once every 10 years.  ( 19 min )
    What is Curtailment? Examples in Business & Banking
    Curtailment is the act of restricting an activity or cutting it short. The word has several common uses in business and banking services.  ( 18 min )
    Accumulation Option Definition
    An accumulation option is a policy feature of permanent life insurance that reinvests dividends back into the policy, where it can earn interest.  ( 20 min )
    Canceled Check Definition and How to Get a Copy
    A canceled check is a check that has been paid or cleared by the bank it was drawn on and is marked "canceled" so that the check cannot be used again.  ( 22 min )
    5 Things to Know Before Markets Open
    The Supreme Court is expected to issue its decision on President Biden’s student loan forgiveness program and a key inflation measurement could influence the Fed's decision on whether to raise interest rates. Here’s what investors need to know today.  ( 18 min )
    Family Financial Planning: What Financial Advisors Need to Know
    By guiding families through a comprehensive planning process, financial advisors can help them build a solid foundation for their financial future.  ( 23 min )
    What Is Affirmative Action? Definition, How It Works, and Example
    Affirmative action is a series of policies that aims to increase the opportunities provided to underrepresented members of society.  ( 24 min )
    Term of the Week: LIBOR
    The London Interbank Offered Rate, or LIBOR—one of the most widely-recognized interest rate benchmarks of the past almost 40 years—will officially be retired today.  ( 17 min )
    Understanding Notional Value and How It Works
    Notional value is a term often used to value the underlying asset in a derivatives trade. It refers to the total value of assets in a leveraged position.  ( 27 min )
    How Much Is Retail Insurance?
    The average monthly cost of a general liability policy for retail businesses is $66, but your premium will depend on your coverage choices and other factors.  ( 23 min )
    How to Buy Cancel for Any Reason Travel Insurance
    If you’re buying cancel for any reason insurance, you want to find a policy that fits your unique travel needs. Learn what to look for to choose the best CFAR insurance.  ( 21 min )
    How SolarWinds Makes Money
    SolarWinds generates most of its revenue from IT maintenance services, but product subscription revenue is growing the fastest.  ( 19 min )
    Price Rate of Change (ROC) Indicator: Definition and Formula
    Price rate of change (ROC) is a technical indicator that measures the percent change between the most recent price and a price in the past used to identify price trends.  ( 23 min )
    Qualifying for Life Insurance When You're Transgender
    Transgender people can get life insurance, but it might take more shopping around to find a suitable company and policy.  ( 27 min )
    How Being Nonbinary Affects Getting Life Insurance
    Life insurance underwriting will likely require you to apply as a male or female for now. Here's what else to know to smooth the process.  ( 29 min )
  • Open

    Dow Jones Today: Index Finishes First Half Higher, Led by Tech Stocks
    The Dow was up more than 300 points, led by Apple as tech stocks soared.  ( 1 min )
    Markets Climb Midday, Boosted by Cooling Inflation
    U.S. equity markets were sharply higher at midday on Friday, June 30, 2023, amid optimism that inflation is edging closer to the Fed's 2% target.  ( 1 min )
    5 Things to Know Before Markets Open
    The Supreme Court is expected to issue its decision on President Biden’s student loan forgiveness program and a key inflation measurement could influence the Fed's decision on whether to raise interest rates. Here’s what investors need to know today.  ( 1 min )
  • Open

    Banks Boost Dividends After Passing Stress Test. Their Stocks Are on the Rise.
    Several banks announced payout increases after markets closed Friday.  ( 24 min )
    Activision’s Microsoft Saga Is Almost Over. It May Be Time to Sell the Stock.
    A judge’s decision could allow the deal to go ahead, or give the FTC permission to block it.  ( 24 min )
    UPDATE 4-Top U.S. banks raise dividends after sailing through Fed stress tests
    U.S. banks including JPMorgan Chase, Wells Fargo , Goldman Sachs and Morgan Stanley hiked their dividends on Friday after sailing through the Federal Reserve's annual health check, which showed they have enough capital to weather a severe economic downturn. JPMorgan, the biggest U.S. bank by assets, intends to increase its quarterly stock dividend to $1.05 per share, from $1.00 for the third quarter, while Wells Fargo will boost its dividend in the same period to 35 cents a share from 30 cents, the companies said. Goldman Sachs' dividend will rise to $2.75 a share from $2.50, while Morgan Stanley's will increase to 85 cents share from the current 77.5 cents.  ( 6 min )
    The Stock Market’s Biggest Winners and Losers for First Half of 2023
    Nvidia led the gains in both the Nasdaq 100 and the S&P 500. Salesforce led the Dow industrials.  ( 24 min )
    Student loans: Biden unveils Plan B after Supreme Court strikes down forgiveness
    The Biden administration unveiled three efforts to help student loan borrowers.  ( 8 min )
    Get ready for years of terrible stock-market returns as 2 key tailwinds fade, Fed economist warns
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    Fed's Powell says inflation isn't returning to 2% this year or next - suggesting investors should prepare for more interest-rate hikes
    "I don't see us getting back to 2% this year or next year," said the Fed chair - suggesting the central bank's fight against inflation is far from over.  ( 6 min )
    Will CD Rates Climb Higher in July?
    Today's CD rates are at record levels, already paying their highest rates in almost 16 years. But will banks and credit unions raise them higher in July?  ( 18 min )
    Oracle’s Larry Ellison Sells More Stock
    After selling Oracle stock for the first time in two years, founder Larry Ellison followed up with another big sale.  ( 24 min )
    These ‘Strong Buy’ EV Stocks Could Surge Over 90%, Analyst Predicts — Here’s Why You Should Pay Attention
    Electric vehicles, EVs, are getting plenty of headlines, and for good reason. There is a concerted push, both from governments and societal entities, to promote EVs over combustion-engine cars, and that has resulted in a global EV market currently valued at $250 billion. Almost all of the major auto manufacturers are producing EV models, and small, independent companies have been springing up in the larger markets for several years now. By 2028, the EV market is expected to reach unit sales of 1  ( 10 min )
    Their Student Loans Were Going to Be Canceled. Now the Bills Are Coming Back.
    How the Supreme Court’s rejection of President Biden’s student debt plan hits borrowers’ wallets  ( 26 min )
    The stock market's gains are almost entirely concentrated in the 'Magnificent 7' - and that could mean a crash is coming
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    'At These Prices, I'll Take Ford Over Tesla Any Day': Jim Cramer Says There's 67% Upside And 'Minimal' Downside To The Detroit-Based Automaker
    In the automotive world, Tesla Inc. (NASDAQ:TSLA) is a market darling. After surging 137% year to date, the electric vehicle (EV) maker has a market cap of over $800 billion — more than 13 times that of Ford Motor Co. (NYSE:F). But according to CNBC's Jim Cramer, you'd be missing out if you ignore the Detroit-based automaker. Cramer recently visited Ford's headquarters and was impressed by what he saw. "From what I saw today with my own eyes and what I’ve heard from CEO Jim Farley, I think Ameri  ( 9 min )
    Why SoFi Stock Is Falling After Supreme Court Rules Against Student-Loan Forgiveness
    The student loan forgiveness plan was designed to forgive up to $20,000 in student debt for some borrowers.  ( 24 min )
    Large banks start announcing dividend raises after Fed stress tests
    Large banks are starting to announce their dividend and other capital plans now that the results of the Federal Reserve’s annual stress tests have been announced. Wells Fargo &Company (NYSE:WFC) is raising its dividend nearly 17% to 35 cents a share in the third quarter. Wells said it expects its stress capital buffer to decrease to 2.9%, representing a percentage amount of incremental capital it needs to hold above its minimum requirements.  ( 7 min )
    Coca-Cola to see less pain from looming WHO decision on aspartame - analysts
    Coca-Cola will only see a limited impact if the world health agency classifies the artificial sweetener used in its Diet Coke, aspartame, as a possible carcinogen, thanks to its scale of production, analysts said on Friday. Such a classification of the popular additive in July by the World Health Organization's cancer research arm could cause consumers, food companies, retailers and restaurants to decide whether to fight back or find alternatives. But for Coca-Cola, whose low-calorie products accounted for a third of its total volumes sold in 2022, analysts said switching to a natural sweetener could be easier than many other companies that use aspartame.  ( 7 min )
    New RMD Rules Let You Turn Charitable Donations Into Retirement Income for Life
    Investors who chafe at having to take required minimum distributions (RMDs) each year have a new tool to help them reduce the tax bite of these withdrawals – and provide retirement income for life. A financial advisor can help you … Continue reading → The post New RMD Rules Let You Turn Charitable Donations Into Retirement Income for Life appeared first on SmartAsset Blog.  ( 8 min )
    Student loan borrowers who were refunded might have to pay all the money back
    If they didn't save their refund, they could be on the hook for more debt.  ( 7 min )
    Student Loan Forgiveness: Capital One Stock, Consumer Lenders Face Reality Check From Ruling
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    Analyst Report: Paychex Inc.
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    Market Update: MKC, PAYX
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    Apple Is Warren Buffett’s Biggest Investment Coup. How He Did It.
    The Berkshire Hathaway CEO recognized that Apple was a great consumer brand and bought the stock cheaply.  ( 24 min )
    Student loan borrowers should take these steps after Supreme Court denies forgiveness
    The highest court in the land struck down the up to $20,000 in debt cancellation that the president announced last year.  ( 8 min )
    Student debt forgiveness is dead, but Biden’s most transformative loan policy is still in play: ‘Paying off college debt is going to be substantially easier’
    Biden's new income-driven repayment (IDR) plan won’t result in immediate forgiveness, but could "result in less money out of pocket for a lot of borrowers."  ( 7 min )
    These 21 Growth Stocks Expect 50% To 877% EPS Gain In Q2
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    US Consumers Lose Steam, Setting Economy Up for Sharp Slowdown
    (Bloomberg) -- US consumer spending — the economy’s main engine — has lost steam for most of this year, portending weaker growth ahead while also helping to cool inflation.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysChina’s Economic Woes Are Multip  ( 8 min )
    Biden's student loan defeat adds to headwinds for US economy
    The U.S. Supreme Court's striking down of President Joe Biden's student loan forgiveness plan puts nearly half a trillion dollars of debt back on household balance sheets, a burden that combined with the end of a pandemic-era pause in payments on education loans may hasten an anticipated year-end economic slowdown. The court's 6-3 ruling on Friday, widely expected to go against Biden, comes just weeks after the White House and congressional Republicans struck a deal to lift the federal debt ceiling that included prohibiting any further extensions of the student debt payment hiatus put in place in early 2020 at the onset of the COVID-19 pandemic. The Education Department last week said loan payments would resume in October.  ( 8 min )
    How the Supreme Court student loan decision affects you
    The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan, which would have canceled up to $20,000 in federal student loans for 43 million people. Of those, 20 million would have had their remaining student debt erased completely. For instance, the government has other loan forgiveness programs that are still in effect, even if Biden's plan was struck down.  ( 8 min )
    Private Credit and Hedge Funds Are Flooded With Loans as Banks Dump the Debt
    (Bloomberg) -- US regional banks and finance companies are increasingly selling off their consumer loans as funding them gets harder and more expensive, flooding private credit firms and hedge funds with requests to buy the debt at a discount. Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina Has $3 Trillion of  ( 10 min )
    Nvidia upgraded, Apple initiated: Wall Street's top analyst calls
    Nvidia upgraded, Apple initiated: Wall Street's top analyst calls  ( 9 min )
    Tesla Closes In on Another Deliveries Record After Price Cuts
    (Bloomberg) -- Tesla Inc. shares have soared 109% this year. In the coming days, one number will be much more important to investors: How many cars did the company deliver in the latest quarter?Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy FixChin  ( 8 min )
    Constellation Earnings Got a Boost From the Bud Light Boycott. Why the Stock Is Dropping.
    Constellation Brands' earnings came ahead of Wall Street expectations, hitting $2.91 per share in the fiscal first quarter.  ( 24 min )
    Stocks to Watch Friday: Nike, Apple, Constellation
    ↘️ Nike (NKE): Shares of the sneaker giant fell 2.5% after it reported weaker-than-expected earnings Thursday afternoon. The company indicated it would continue discounting items as it seeks t  ( 22 min )
    SEC Says Spot Bitcoin ETF Filings Are Inadequate
    The regulator informed Nasdaq and Cboe that recent filings from BlackRock, Fidelity and others aren’t sufficiently clear and comprehensive.  ( 31 min )
    Apple hits $3 trillion market cap as 2023 tech rally continues
    The milestone comes after a rip-roaring first half of 2023 for tech stocks, which has seen the Nasdaq rise 30% while Apple stock has gained more than 45%.  ( 8 min )
    Seeking at Least 9% Dividend Yield? Wells Fargo Suggests 2 Dividend Stocks to Buy
    Investor sentiment has been upbeat for months now, as markets are rebounding strongly from recent troughs. The gains are real, amounting to ~15% on the S&P 500 and 30% on the Nasdaq. A recent note from Wells Fargo, however, reminds investors to keep a disciplined stance – the bull, while real, may be more fragile than it looks. As the investment bank puts it, “Following the recent equity market rally, investors may have reason to be optimistic. On June 8, S&P 500 Index gains exceeded 20% from th  ( 10 min )
    US Cities Where Retirees Rely on Social Security The Most
    When inflation surges and cash loses its purchasing power, retirees' hard-earned savings suddenly don't go as far as they expected. Inflation may also lead to widespread salary increases, but retirees typically don't benefit from wage growth because they've already left … Continue reading → The post How Important Is Social Security to Retirees in U.S. Cities? 2023 Study appeared first on SmartAsset Blog.  ( 9 min )
    Dow Jones Futures Rally On Key Fed Inflation Data; Nike Stock Slides On Earnings Miss
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    Warner Bros. Discovery's stock down 50% since merger — why analysts are still bullish
    Warner Bros. Discovery has faced an uphill battle since the completion of its $43 billion merger — but was it worth it?  ( 10 min )
    An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years
    An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs. The inflation index showed that prices rose 3.8% in May from 12 months earlier, down sharply from a 4.4% year-over-year surge in April. Core prices rose 4.6% in May from a year earlier, down slightly from the annual increase of 4.7% in April.  ( 8 min )
    Chinese EV maker Xpeng's shares jump after pricing SUV below Tesla Model Y, lifts peers
    U.S.-listed shares of its peers Li Auto and Nio also rose 0.3% and 2.2%, respectively, in trading before the bell. Warren Buffett-backed BYD dominates the Chinese market and U.S. automaker Tesla is set to hit another record quarter in China, with sales in the country expected to increase 13% from the previous three months, analysts said. China was the biggest market for Tesla's Model Y electric sport utility vehicles in the first quarter of the year, helping it become the world's top selling vehicle during the period.  ( 7 min )
    Constellation Brands results top estimates on strong Modelo Especial sales
    Constellation Brands first-quarter results topped Wall Street expectations on Friday, as the Corona beer maker benefited from higher pricing and steady demand for its alcoholic beverages. Alcohol manufacturers have increased prices to offset soaring costs of raw material, freight, packaging as well as rising wages and overhead expenses. Constellation's beer business posted an 11% increase in sales in the quarter ended May 31, mainly on strong growth across Modelo Especial, the Modelo Chelada brands as well as Corona Extra.  ( 7 min )
    Six Stocks Turn $10,000 Into $63,503 In Six Months
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    AI Stocks: Rival Software Makers Battle, BlackRock Calls AI Potential A 'Mega Force'
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    Apple Sets Sights on $3 Trillion. This Analyst Says the Stock Could Rise 30%.
    Shares in the tech giant touched the $3 trillion market capitalization in Friday's premarket, and analysts at Citi say it could rally another 30% or so from here.  ( 24 min )
    Analyst Report: Micron Technology Inc.
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    Daily Spotlight: Fed's Favorite Inflation Indicator Out Today
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: MU, UNFI
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    UPS may find it hard to pass along higher labor costs
    A heavily competitive marketplace will restrain price increases at UPS, experts say. The post UPS may find it hard to pass along higher labor costs appeared first on FreightWaves.  ( 10 min )
    Daily – Vickers Top Insider Picks for 06/30/2023
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    Daily – Vickers Top Buyers & Sellers for 06/30/2023
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    Stock futures rise ahead of key inflation data: Stock market news today
    Stock futures climbed on Friday, as investors waited for an update on the Federal Reserve's preferred inflation gauge after hawkish comments from its policymakers.  ( 7 min )
    These Stocks Are Moving the Most Today: Apple, Nike, Tesla, Nvidia, and More
    Apple stock is initiated at Buy by analysts at Citi and the iPhone maker creeps closer to reaching a market cap of $3 trillion, Nike falls after the sneaker giant's earnings and guidance miss analysts' estimates, and traders ready for deliveries from Tesla to come over the weekend.  ( 24 min )
    Futures rise ahead of inflation data
    Hawkish remarks from Fed Chair Jerome Powell and strong economic data this week boosted bets that the U.S. central bank will continue to raise interest rates, but stock markets were buoyant on signs of strength in the U.S. economy. Despite a recent streak of losses, the three main U.S. indexes are on course to end June and the second quarter on a high note as investors expect the Fed's aggressive tightening will not derail the U.S. economy. The Fed's preferred inflation gauge, the Personal Consumption Expenditure index (PCE) for May, will be released at 8:30 a.m. ET.  ( 7 min )
    ‘Strong customer reluctance’ forces Volkswagen to slash electric vehicle production
    Volkswagen is to cut electric car production at one of its biggest factories after “strong customer reluctance” led to far lower sales than expected.  ( 7 min )
    There may be an economic shark in the water for investors: Morning Brief
    Watch the pace of job creation in the jobs reports. Amidst AI complacency and a calm market, there could be some macroeconomic surprises.  ( 8 min )
    American States Once Awash In Cash See Their Fortunes Suddenly Reversed
    (Bloomberg) -- California Governor Gavin Newsom for years had an enviable problem. His state was awash in cash.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencySwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthChina’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy FixBank Giant Bigger Than Morgan Stanley Arises From India MergerThanks to the booming tec  ( 9 min )
    These are the 4 AI stocks retail investors are pouring into as they chase the next tech rally
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    Dow Jones Futures: Inflation Report Due As Fed Rate Hike Odds Rise; Citi Sees 27% Apple Upside
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    Microsoft-Activision Hearing Wraps Up as FTC Tries to Stop $75 Billion Deal
    The hearing in San Francisco could decide the fate of one of tech’s largest-ever acquisitions.  ( 31 min )
    The Fed is the only thing standing in the way of a sustained bull market in stocks
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    Oil heads for fourth straight quarterly decline
    (Reuters) -Oil prices stayed steady on Friday with Brent poised for its first monthly gain this year, as a big drawdown in U.S. oil stocks outweighed concerns that fuel demand will be dented further by more interest rate rises. Brent crude futures for September delivery rose 4 cents or 0.1% to stand at $74.54 as of 0631 GMT. While it would be Brent's first monthly gain for 2023, it would mark a second for WTI after a gain in April.  ( 7 min )
    Keep on Buying Nvidia Stock Despite Potential Export Restrictions, Says Morgan Stanley
    Nvidia (NVDA) might have an issue selling high-end product to China again after a Wall Street Journal report claimed the US Commerce Department is mulling over restricting export of AI chips to its superpower rival. It wouldn’t be the first time the government tightens control over the sale of chips to China. Recall, last September, the Biden administration implemented regulations that prevented the semiconductor giant from exporting A100 and H100 chips to Chinese customers without obtaining a l  ( 8 min )
  • Open

    Apple breekt record op Wall Street met beurswaarde van ruim 3 biljoen dollar
    Apple is het eerste Amerikaanse bedrijf dat op de beurs is gesloten met een waarde van meer dan 3 biljoen dollar (ruim 2,7 biljoen euro). Het aandeel van het techconcern hikte al enige tijd tegen de recordgrens aan.  ( 3 min )
    Pantheon in Rome gaat miljoenen bezoekers om entreegeld vragen
    Wie vanaf volgende week het Pantheon in Rome bezoekt, moet 5 euro entreegeld betalen. Daarmee is de tweeduizend jaar oude kerk niet langer een gratis attractie.  ( 3 min )
    NU+ | Wordt het nou bloedheet of niet? Weerapps zijn het niet altijd eens
    Als je de weerapp van Apple mag geloven, wordt het eind volgende week 30 graden en zonnig in Amsterdam. Maar op Weeronline wordt zo'n 26 graden met een druppel regen voorspeld. Waarom ziet de ene weerdienst het zonniger in dan de andere?  ( 4 min )
    Armere stellen met kinderen komen honderden euro's per maand tekort
    Mensen met een inkomen rond het sociaal minimum krijgen te weinig geld om van rond te komen. Vooral stellen met kinderen komen maandelijks tot honderden euro's tekort.  ( 6 min )
    Kabinet investeert flink in circulaire zonnepanelen en schonere scheepvaart
    Het kabinet heeft in totaal 4 miljard euro toegekend aan achttien verschillende projecten. Het meeste geld gaat naar de ontwikkeling van circulaire zonnepanelen. Ook gaat er geld naar de bouw van schonere schepen.  ( 3 min )
    Weerapps zijn het niet altijd eens: wordt het nou bloedheet of niet?
    Als je de weerapp van Apple mag geloven, wordt het eind volgende week 30 graden en zonnig in Amsterdam. Maar op Weeronline wordt zo'n 26 graden met een druppel regen voorspeld. Waarom ziet de ene weerdienst het zonniger in dan de andere?  ( 4 min )
    NU+ | Valt de inflatie hoger of juist lager uit? Nieuwe berekening wekt verwarring
    Statistiekbureau CBS heeft bij het bepalen van de inflatie in juni een andere rekenmethode gebruikt. Het inflatiecijfer lijkt opeens hoger dan het cijfer volgens de vorige rekenmethode. Maar het inflatiecijfer van vorig jaar is juist lager met de nieuwe methode. Hoe kan dat?  ( 3 min )
    Benzinepompen leeg door hamsteraars, topdrukte voor tankwagens
    Automobilisten tanken nog snel voordat brandstofprijzen zaterdag omhoogschieten door de hogere accijns. Daardoor is het al veel drukker dan op een normale vrijdag en raken benzinepompen leeg. Maar chauffeurs van tankwagens maken overuren om elk pompstation van nieuwe brandstof te voorzien.  ( 4 min )
    Gronings gasveld moet van toezichthouder dit jaar écht potdicht
    Het kabinet moet het Groningenveld niet in twee stappen sluiten, maar in één keer. Dat adviseert het Staatstoezicht op de Mijnen (SodM). Volgens de toezichthouder is het belangrijk om de onzekerheid bij burgers weg te nemen.  ( 4 min )
    Leraren op hbo's krijgen forse loonsverhoging tot 14 procent
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    Prijzen stijgen vrijwel overal in Europa minder hard dan vorige maanden
    In bijna alle EU-landen zijn de prijzen in juni op jaarbasis minder hard gestegen dan in de maand ervoor. De gemiddelde inflatie is 5,5 procent, waar dat vorige maand nog 6,1 procent was. In april was het percentage zelfs nog iets hoger dan in mei.  ( 3 min )
    Gronings gasveld moet dit jaar écht potdicht, vindt toezichthouder
    Het kabinet moet het Groningengasveld niet in twee stappen sluiten, maar in één keer. Dat adviseert het Staatstoezicht op de Mijnen (SodM). Volgens de toezichthouder is het belangrijk om onzekerheid bij burgers weg te nemen.  ( 4 min )
    Chinees reisbureau betaalt medewerkers duizenden euro's om kinderen te krijgen
    Werknemers van het Chinese bedrijf Trip.com krijgen duizenden euro's van hun baas als ze een kind krijgen. Daarmee wil het reisbureau, dat ook in Nederland actief is, zijn medewerkers stimuleren om kinderen te krijgen in strijd tegen de vergrijzing in China.  ( 3 min )
    ASML mag vanaf september minder chipmachines aan China verkopen
    Fabrikant van chipmachines ASML krijgt vanaf september nieuwe regels opgelegd voor de handel met China. Vanaf dat moment mag het Veldhovense bedrijf nog minder machines aan de Chinezen verkopen dan nu.  ( 3 min )
    Goedkopere energie zet een rem op de prijsstijging in juni
    De prijzen van goederen en diensten zijn deze maand gemiddeld 5,7 procent hoger dan in dezelfde maand vorig jaar. Daarmee is de inflatie minder hoog dan vorige maand, toen die op 6,1 procent uitkwam.  ( 5 min )
    We houden in de winkel steeds vaker de hand op de knip
    Nederlanders zijn de laatste tijd voorzichtiger met het doen van aankopen in winkels. Onder meer in supermarkten en kledingzaken houden we vaker de hand op de knip. Alleen door hogere prijzen blijft de omzet in veel winkels op peil.  ( 3 min )
    Prijzen stijgen in juni minder hard door goedkopere energie
    De prijzen van goederen en diensten zijn deze maand gemiddeld 5,7 procent hoger dan in dezelfde maand vorig jaar. Daarmee is de inflatie minder hoog dan vorige maand, toen die op 6,1 procent uitkwam.  ( 3 min )
    Drukte bij benzinepomp: we tanken nog gauw voordat de prijzen zaterdag stijgen
    Automobilisten grijpen nog gauw hun kans nu een volle tank benzine of diesel zaterdag enkele euro's duurder wordt. Want we gaan weer meer accijns betalen bij een tankbeurt. In de jacht op de nog goedkopere brandstof ontstaan er rijen bij tankstations en raken pompen mogelijk al leeg.  ( 6 min )
  • Open

    Bausch + Lomb Buys Novartis Drugs for $1.75 Billion Expanding Eye Care Portfolio
    Eye care company Bausch + Lomb said it would pay $1.75 billion to acquire a portfolio of eye care products from Swiss healthcare giant Novartis.  ( 1 min )

  • Open

    Bed and Breakfast Deal: Definition, How It Works, Example
    In the UK, a bed and breakfast deal is when a trader sells a security one day and buys it or a similar asset back within 30 days.  ( 21 min )
    Series 28 Definition
    The Series 28 is a financial exam for those seeking to become licensed recordkeepers or operations principals for broker-dealer firms.  ( 19 min )
    What Is a Window of Opportunity? Definition and Examples
    A window of opportunity is a short period when a rare and desired action can be taken. Once the window closes, the opportunity may never come again.  ( 19 min )
    Bad Credit: Definition, Examples, How to Improve
    Bad credit refers to an individual's history of not paying bills on time and the likelihood that they will fail to make timely payments in the future.  ( 25 min )
    Credit Rating: What It Is and Why It's Important to Investors
    A credit rating is an assessment of the creditworthiness of a company or government—in general terms or with respect to a particular debt or financial obligation.  ( 30 min )
    Where To Get a Home Equity Line of Credit (HELOC)
    You can get a home equity line of credit (HELOC) at many banks, credit unions, and other lenders. Here's what to look for.  ( 22 min )
    Air Cargo Insurance Definition
    Air cargo insurance protects a buyer or seller of goods being transported through the air from damage, loss, and, in some cases, even shipment delays.  ( 19 min )
    Should You Use a Home Equity Loan to Pay Off Debt?
    A home equity loan may be a lower interest rate than your current debt, but make sure you know all the risks before consolidating your debt into one.  ( 22 min )
    Dow Jones Today: Banks Bump Up Index
    JPMorgan and Goldman Sachs shares gained ground after passing the Fed's stress test, lifting other financials with them.  ( 18 min )
    Subaccount Charge Definition
    A subaccount charge is a type of fee charged by a bank or other financial institution for the management of a subaccount.  ( 18 min )
    Potential Buyers Feeling the Pinch as Home Prices Soar
    Affordability hits historic low as owner expenses consume one-third of income.  ( 17 min )
    Top CD Rates Today, June 29, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Fidelity Renews Push For Spot Bitcoin ETF Listed on CBOE
    Fidelity's Wise Origin Bitcoin Trust was previously rejected by the SEC, but a new filing from Cboe indicates Fidelity is making another attempt at getting regulatory approval for their bitcoin spot ETF.  ( 17 min )
    Donee Beneficiary Definition
    A donee beneficiary receives intended benefits from a contractual obligation without technically being party to the contract.  ( 19 min )
    Open Source
    Open source refers to software or other projects with source code that can be viewed, modified, or upgraded by anyone.  ( 18 min )
    Commercial Paper Funding Facility (CPFF) Definition
    The Commercial Paper Funding Program (CPFF) was designed to increase the liquidity of the commercial paper market by providing funding to issuers.  ( 20 min )
    Pending Home Sales Drop to Lowest Level Since December
    Pending sales fell in May as elevated mortgage rates kept would-be homebuyers and sellers on the sidelines, according to the National Association of Realtors.  ( 17 min )
    Measure Profit Potential With Options Risk Graphs
    Learn how a single diagram allows you to see the effect that price, time, and volatility can have on potential gains and losses related to options trading.  ( 24 min )
    Forex Account Definition
    Opening a forex account is the first step to becoming a forex trader.  ( 17 min )
    Convention Statement Definition
    A convention statement is a document filed by an insurance or reinsurance company that serves as its annual financial statement.  ( 21 min )
    Suriname Dollar (SRD)
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    Americans Set To Spend More Than Ever on July Fourth
    Total spending on celebrating Independence Day 2023 is expected to jump 23%, an even- bigger increase than when the pandemic started to subside.  ( 17 min )
    How Much Trading Capital Do Forex Traders Need?
    Forex traders can see substantial benefits from capital gains in the form of a small pip profit over time, but with considerable leverage, a single pip can result in a hefty return.  ( 20 min )
    E*TRADE Core Portfolios vs. TD Ameritrade Essential Portfolios: Which Is Best for You?
    If you've narrowed your robo-advisor choice down to E*TRADE and TD Ameritrade, we can help you make that decision by detailing their differences.  ( 21 min )
    How Costco Makes Money
    Costco generates the large majority of revenue from merchandise sales, with foods and sundries comprising the largest share of revenue.  ( 20 min )
    How Much Does It Cost to Own a Small Plane?
    Various costs are associated with owning a small plane compared to renting a similar aircraft.  ( 21 min )
    Nickel Prices Soften Amid Indonesia Supply Boost
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    What Happens If You Can't Pay Your Taxes?
    Don't try to run from the tax man. Penalties and interest charges can run your tax bill up even higher. Here are some tips that can help you out.  ( 27 min )
    Markets Boosted Midday by Upbeat Economic Data and Bank Stress Test Results
    U.S. equity markets were higher at midday on Thursday, June 29, 2023, boosted by upbeat economic data and bank stress test results.  ( 16 min )
    Eli Lilly to Acquire Sigilon Therapeutics
    Eli Lilly said it will acquire Sigilon Therapeutics in an all-cash deal worth up to $309.6 million.  ( 17 min )
    Why 'No One Wants to Work Anymore': Pandemic Market Boom Let Millions Retire
    When stocks and home values surged during the pandemic, retirement portfolios boomed, leading at least one early retiree to ask: “Why the hell am I still working?” He was far from alone.  ( 20 min )
    VND (Vietnamese Dong) Definition
    The Vietnamese Đồng (VND) is the official national currency of Vietnam.  ( 19 min )
    How Pfizer Makes Money
    Pfizer’s Primary Care segment, which consists of its internal medicine drugs and vaccines, makes up the bulk of its revenues  ( 21 min )
    The Psychology Behind Why People Buy Luxury Goods
    Luxury goods exemplify how irrational we can be. A decent, sturdy handbag can be bought for $50, yet people will still spend thousands on a brand name.  ( 23 min )
    Companies Owned by PepsiCo
    Frito-Lay and Quaker Oats are companies owned by PepsiCo, and seven segments manufacture and sell snack foods, branded foods, and beverages.  ( 20 min )
    Benefits and Rewards of the Sam’s Club Credit Card
    Sam’s Club offers store-only and Mastercard credit cards with several membership and rewards program options.  ( 26 min )
    Joby Shares Soar After $100M Investment, FAA Test Flight Approval
    Shares of Joby, an electric aircraft firm, jumped as high as 30% in early trading after announcing an investment by SK Telecom, while regulators also approved test flights.  ( 17 min )
    Message Authentication Code (MAC): Definition and Use in EFTs
    A message authentication code (MAC), or tag, is a security code that is typed in by the user of a computer to access accounts or portals.  ( 20 min )
    OpenAI Faces Lawsuit Alleging Misuse of Internet Users’ Data
    OpenAI, the artificial intelligence (AI) company behind ChatGPT, has been hit with a lawsuit alleging it misused vast quantities of internet users’ private data to train its AI tools.  ( 18 min )
    Nontraditional Mortgage Definition
    A nontraditional mortgage is a broad term for any mortgages that do not conform to standard mortgage characteristics.  ( 19 min )
    Abbreviated New Drug Submission (ANDS) Definition
    An Abbreviated New Drug Submission (ANDS) is a written request to obtain marketing approval for a generic drug in Canada.  ( 18 min )
    Mortgage rates continue creeping higher
    Rates on 30-year mortgages have tiptoed higher for a sixth day, gaining a total of 15 basis points. Most other averages were mildly up as well Wednesday.  ( 20 min )
    8 Factors That Affect Daily Trades
    Find out which factors can help you squeeze more profit out of each position.  ( 21 min )
    How to Find Scholarships
    Here’s everything you need to know about finding scholarships, including where to look, how to qualify, and when to begin your search.  ( 28 min )
    Toyota Sales Jumped 10% YoY in May, EV Sales up 31%
    Japanese car maker Toyota recorded a 10% increase year-over-year (YoY) in its global sales on the heels of recovering supply chains of semiconductors and other parts.  ( 17 min )
    EURO STOXX 50 Index: Definition, Constituents, Methodology
    The EURO STOXX 50 Index is a market capitalization weighted stock index of 50 large, blue-chip European companies operating within eurozone nations.  ( 19 min )
    Credit Builder Loans vs. Personal Loans
    Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 23 min )
    How Walmart Makes Money
    Walmart is among the world's largest retailers, with its U.S. segment generating the most sales and profits.  ( 20 min )
    Additional Personal Allowance Definition
    In the United Kingdom, Additional Personal Allowance was an extra deduction set by HM Revenue & Customs on income tax returns and later abolished.  ( 23 min )
    5 Things to Know Before Markets Open
    Fed Chair Jerome Powell said bank failures showed more regulation is needed and shares of Micron rose after the chipmaker beat revenue expectations. Here’s what investors need to know today.  ( 18 min )
    How 3M Makes Money
    3M's Safety and Industrial segment generates the most sales and profit  ( 20 min )
    What Is a Gilt Fund?
    Gilt funds are a type of British investment fund that invests in gilt securities.  ( 19 min )
    GBP: History and Trading the British Pound Sterling
    GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom and its territories.  ( 21 min )
    What Is Electronic Money or eMoney?
    Electronic money or eMoney exists in banking computer systems and is available for transactions through electronic systems.  ( 20 min )
    Core Durable Goods Orders
    Core durable goods orders refers to new orders for U.S. core durable goods, which are the total durable goods orders excluding transportation equipment.  ( 21 min )
  • Open

    Transgender Influencer Dylan Mulvaney Criticizes Bud Light Over Lack of Support
    Mulvaney says she faced “more bullying and transphobia than I could have ever imagined” after promoting the beer.  ( 29 min )
    Billionaire Seth Klarman Says the Real Estate Sector Could Be the Next Big Investment Opportunity — Here Are 2 REIT Stocks That Analysts Like
    The stock market narrative is often defined by themes. Last year, energy stocks ruled the roost, driven by Russia’s invasion of Ukraine and the subsequent global energy crisis. In 2023, so far, tech stocks have been driving the gains while riding the AI trend. But according to billionaire Seth Klarman, the next big opportunity could lie in a bit of a surprising area. Considering the low occupancy rates in the post-Covid world and the persistent work-from-home trend, you might think the commercia  ( 10 min )
    Apple Stock Has Another 30% Upside, Citi Says in New Buy Rating
    (Bloomberg) -- Apple Inc. has room to rally another 30%, according to Citigroup Inc., even after a surge that’s sent shares to a record high and the company toward a $3 trillion valuation.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSupreme Court Rejects Use of Race in University AdmissionsQatar Group Now Confident of Winning  ( 7 min )
    Pro Picks: 4 Buffett Buys in the Bargain Basement
    Want to invest like Warren Buffett, but aren’t sure where to begin? One solid starting point may be the most undervalued names in Buffett's Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb) portfolio - stocks that are trading at dirt cheap prices vs. what their financial metrics would indicate. InvestingPro has you covered there with powerful tools that produce undervalued Buffett gems with one click.  ( 8 min )
    'Just Miss A Few Payments, Screw Up Your Credit Score': Peter Schiff Slams Biden's New Mortgage Rule. Here's How To Invest In Real Estate Without Buying A House
    Mortgage fees are changing under the new rules from the Biden administration’s Federal Housing Finance Agency. Because some borrowers with good credit may end up paying higher fees compared to those with lower credit scores, the change has sparked a discussion. Among the critics is Peter Schiff, CEO and chief global strategist at Euro Pacific Capital. During an interview posted on Schiff’s YouTube channel, the host shared his intention to buy a home but voiced concerns about getting punished if  ( 8 min )
    Billionaire Ray Dalio Was 12 Years Old When He Bought His First Stock — Now He Has A $19 Billion Fortune
    Billionaire investor Ray Dalio has had a passion for investing since he was a boy. Growing up on Long Island in the early 1960s, Dalio bought his first stock at age 12. He used the money he earned as a caddy to invest in Northeast Airlines, the only company he knew of that was selling for less than $5 per share. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Although his strategy was naive, Dalio tripled his mo  ( 8 min )
    Moderna Billionaire Set to Score 3,000% Gain on Tiny Biotech
    (Bloomberg) -- Noubar Afeyan became a billionaire backing Moderna Inc., the dark horse biotech firm that became a household name due to its lifesaving Covid vaccine. He just added to his fortune after another one of his long-shot bets quintupled in value.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSupreme Court Rejects Use o  ( 8 min )
    Nike stock slides after quarterly profit misses Wall Street estimates
    Nike beat the Street's estimates for fourth quarter sales after the bell on Thursday.  ( 7 min )
    There’s a $75 trillion reason the economy won’t crash into a recession, top economist says: Baby boomers’ pent-up net worth
    “Consumers may run out of their excess pandemic savings by the end of this year, but they have lots of other sources of purchasing power,” a veteran market watcher says.  ( 7 min )
    Nike sales beat expectations with inventories flat in fourth quarter
    Nike beat the Street's estimates for fourth quarter sales after the bell on Thursday.  ( 7 min )
    Fidelity Converting $13.5B in Mutual Funds to ETFs
    Six active funds to transition as firm massively expands fund transition strategy.  ( 6 min )
    Container shipping trilemma: Weak rates, new ships, pricey charters
    Sluggish demand is capping shipping lines’ income. In response, at least one carrier is reportedly moving to limit losses on legacy charters. The post Container shipping trilemma: Weak rates, new ships, pricey charters appeared first on FreightWaves.  ( 9 min )
    Ark Invest's Cathie Wood Is Betting Big On AI With These 4 Stocks — Including One That Could Skyrocket 670%
    Ark Invest's Cathie Wood is known for investing in disruptive innovation. The super investor has placed big bets on artificial intelligence (AI), which is widely regarded as one of the most disruptive and transformative technologies today. Speaking of AI stocks, it's hard to ignore what Nvidia Corp. (NASDAQ:NVDA) has been doing. Shares of the chipmaking giant have surged 187% so far this year, and the company crossed $1 trillion in valuation. Ark Invest's flagship fund Ark Innovation ETF (NYSE:A  ( 9 min )
    Dow Jones Gains As Inflation Report Looms; Cathie Wood Buys These Chip Stocks, Sells Tesla
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    Forget FAANG and GAMMA, the 'Magnificent 7' tech stocks - including Tesla and Nvidia - now dominate the market
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    Microsoft makes final case for Activision Blizzard deal as federal judge decides whether to block it
    The fate of what could be the priciest merger in tech industry history will soon be in the hands of a federal judge who must decide whether to stop Microsoft from closing its deal to buy video game company Activision Blizzard. Federal antitrust enforcers have sued to block the $69 billion acquisition that they say will harm competition between Microsoft and gaming industry competitors such as Sony and Nintendo. The Federal Trade Commission, which enforces antitrust laws, has asked U.S. District Judge Jacqueline Scott Corley to issue an injunction that would temporarily block Microsoft and Activision from closing the deal before the FTC's in-house judge can review it in an August trial.  ( 10 min )
    Dylan Mulvaney Speaks Out on Bud Light Uproar
    'What transpired from that video was more bullying and transphobia than I could have ever imagined,' Mulvaney said in a TikTok posted on Thursday.  ( 24 min )
    Bezos-Backed Company Surpasses $100M In Single-Family Home Acquisitions While U.S. Housing Shortage Worsens
    Countless news headlines have been calling for a housing crash for the better part of a year, yet prices are still climbing in many parts of the U.S. According to data from Redfin, the median sale price has increased by over 9.38% since January and has fallen only 3.4% from the peak in May 2022. Despite rising mortgage rates, buyers are finding little relief in home prices because of the massive shortage of supply. According to an analysis from Realtor.com, the gap between single-family home con  ( 6 min )
    Chevron offers to sell oil and gas properties in New Mexico, Texas
    Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major looks to cull acreage after major shale acquisitions. The second-largest U.S. oil and gas producer last month agreed to buy shale firm PDC Energy Inc in a stock-and-debt deal worth $7.6 billion. In 2020, it acquired Noble Energy in a move that boosted its U.S. shale and international gas holdings.  ( 7 min )
    GE Stock Rallies 64% Ahead Of Its Huge Aerospace Play. What's In Store For Investors.
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    Analyst Report: Mastercard Incorporated
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    Analyst Report: Public Serv Enterprise Grp Inc
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    Market Update: PEG, MA
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    Saying strike is "imminent," UPS gets a Friday deadline from union to come up with a better contract
    The International Brotherhood of Teamsters walked away from negotiations Wednesday, demanding that UPS give its “last, best, and final offer” no later than June 30. Teamsters officials did not say what time the Friday deadline was or what actions it might take if it is not met. “The largest single-employer strike in American history now appears inevitable,” said Teamsters General President Sean O’Brien, who accused UPS executives of hoarding profits instead of sharing them with workers.  ( 8 min )
    How a Janitor Built an $8 Million Fortune Without Touching Cryptos, Stock Options or Leverage
    Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. His only real indulgence may have been his daily English muffin and a cup of coffee at the Brattleboro Memorial Hospital in Vermont, where a friend remembered him sitting at the exact same stool every morning. In his career as a janitor and gas station attendant, he was  ( 7 min )
    Charlie Munger Says US Nearing 'Mild' Recession, But It Won't Be 2008 All Over Again
    Charlie Munger, the 99-year-old billionaire and vice chairman of Berkshire Hathaway Inc., expressed his concerns about the United States heading toward another fiscal crisis. In an interview with the Financial Times, Munger highlighted the problematic situation of commercial property loans held by U.S. banks, stating that many of them would be deemed as “bad loans” because of declining property values. He emphasized that this indicates a negative outcome for the American commercial property mark  ( 9 min )
    The Stock Market Is Getting Scary. What to Buy Instead of Holding Cash.
    The S&P 500 has gained just over 20% from a major low point hit in early October, making it much pricier.  ( 24 min )
    This recession indicator flashed again as the Fed signaled more rate hikes. It hasn't been wrong for 44 years.
    The inverted yield curve is a widely-followed economic indicator that's preceded every US recession since 1969.  ( 7 min )
    Cathie Wood Is Back On Top Thanks To 7 Stocks Not In The S&P 500
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    Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producer
    Billionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil producer. A new filing with the Securities and Exchange Commission shows that Berkshire bought another 2.1 million Occidental shares this week worth about $123 million. The latest purchases give Berkshire more than 224 million shares worth nearly $13 billion that have all been purchased over the past year and a half.  ( 7 min )
    JPMorgan, Bank of America, Goldman May Lift Dividends After Stress Tests
    Big banks cleared the Fed stress tests Wednesday are could announce increased dividends Friday.  ( 24 min )
    SoFi Might Not See Big Benefit From End of Student-Loan Payment Freeze
    SoFi values a multiyear addressable student-loan refinance opportunity at around $200 billion, but J.P. Morgan sees only about a $90 billion opportunity for the financial-services firm.  ( 24 min )
    Sigilon Therapeutics Shares Are Shooting Higher Today - What's Going On
    Sigilon Therapeutics Inc (NASDAQ: SGTX) shares are skyrocketing after Eli Lilly And Co (NYSE: LLY) agreed to acquire the company for a purchase price of $14.92 per share in cash (an aggregate of approximately $34.6 million). Sigilon is also entitled to one non-tradeable contingent value right ("CVR") per share to receive up to an additional $111.64 per share in cash, for a total potential consideration of up to $126.56 per share in cash without interest (an aggregate of up to approximately $309.  ( 7 min )
    Tesla Deliveries Are Coming. They Better Be Good.
    The EV manufacturer is slated to report its second-quarter vehicle deliveries on Sunday. Wall Street expects about 445,000 units, a quarterly record.  ( 24 min )
    Cathie Wood’s ARK Sold More Tesla Stock, Buys AMD
    ARK Invest has now cashed out of Tesla shares on six different occasions this month.  ( 24 min )
    Supreme Court just reversed affirmative action. What that means for workplace diversity.
    Harvard University and University of North Carolina Supreme Court decision on affirmative action raises questions about corporate diversity programs.  ( 12 min )
    3 charged in insider trading case related to taking Trump media firm public, accused of making $22M
    Three Florida men were arrested Thursday and charged with illegally making over $22 million by insider trading ahead of the public announcement that a special purpose acquisition corporation was going to take a media company owned by former President Donald Trump public. The charges were outlined in an indictment unsealed in Manhattan federal court. According to the indictment, the men were invited to invest in Digital World Acquisition Corp. and were provided confidential information that a potential target of DWAC and another acquisition corporation, Benessere Capital Acquisition Corp., was Trump Media & Technology Group.  ( 6 min )
    How To Earn $500 A Month From AT&T Stock
    AT&T Inc. (NYSE:T) CFO Pascal Desroches spoke last week at the Bank of America C-Suite Technology, Media and Telecommunications Conference, providing updates on the telecom giant’s performance and strategies. What Happened: Desroches reiterated AT&T's full-year free cash flow target of $16 billion or more for 2023. He also mentioned the company’s projected second-quarter free cash flow, expected to range between $3.5 to $4.0 billion. AT&T is tracking to just over 300,000 postpaid phone net addit  ( 8 min )
    Sigilon Therapeutics Scores Eli Lilly Buyout And Skyrockets More Than 500%
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    Too Cheap to Ignore: 2 Dividend Stocks Under $10 With at Least 11% Dividend Yield — Analysts Say ‘Buy’
    Every investor seeks to reap the rewards of their stocks; otherwise, they wouldn’t be involved in the markets. However, discovering the ideal investment, one that will yield profits, can prove to be a challenge, particularly in today’s market environment. To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth  ( 10 min )
    Goodbye Overstock.com. Hello Bedbathandbeyond.com.
    Overstock.com decided to stop doing business online under its eponymous domain name after paying $21.5 million for the brand of Bed Bath & Beyond.  ( 8 min )
    Top Dividend Stocks: REIT Offers Jaw-Dropping 11.2% Yield, Raised Dividend Nearly Every Quarter
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    Moderna and 7 More Stocks That Can Beat Big Tech in the Second Half
    Big Tech is having its best start to the year ever. But a different group may thrive in the second half.  ( 24 min )
    Bitcoin Rises. Why Friday Could Bring an Even Bigger Move in Cryptos.
    As crypto bulls await a decision from regulators on a spot Bitcoin ETF, key economic data due Friday are likely to be a more immediate crypto catalyst.  ( 24 min )
    If You Retire at 45, $10 Million Will Last This Long
    Even people who love their job would most likely agree that its better not to work than to have to clock in every day. With that in mind, many Americans are looking to retire much earlier than the traditional age. … Continue reading → The post Can I Retire at 45 With $10 Million? appeared first on SmartAsset Blog.  ( 10 min )
    Interest Rates Are High. But Should I Still Hold Cash in My Portfolio?
    With some bank CDs paying more than a 5% APY and some savings and money market accounts yielding around that figure too (as of June 2023), no one can blame investors if they've become tempted to keep a healthy chunk … Continue reading → The post Even With High Interest Rates, Should You Hold Cash in Your Portfolio? appeared first on SmartAsset Blog.  ( 8 min )
    Dow Jones Futures Rise After Surprise Drop In Jobless Claims; Cathie Wood Sells $7 Million In Tesla Stock
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    Virgin Galactic Is Heading to Space. That Might Not Be Good for the Stock.
    Virgin Galactic's first commercial flight is slated for Thursday at 11 a.m. Eastern time.  ( 27 min )
    Apple Is on a Roll. These 6 Stocks You Probably Don’t Know Have Done Better.
    Apple actually isn't the best performer in the S&P 500 so far this year.  ( 24 min )
    Eli Lilly to buy Sigilon Therapeutics to expand diabetes treatments
    A major provider of diabetes drugs and insulin, Lilly owned nearly 8.44% stake in Sigilon as of March 27. Sigilon shareholders will get an additional $111.64 per share if they achieve certain developmental and regulatory milestones, Lilly said. Shares of Sigilion soared more than eightfold in premarket trading to $34.48.The deal, which is expected to close in the third quarter of 2023, would give Lilly access to Sigilon's proprietary cell therapy candidate being developed to treat type 1 diabetes.  ( 7 min )
    Comcast Stock Rebounds As AT&T, Verizon Suffer Amid Wireless Market Shifts
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    Blacklisted 'Woke' Companies Gain $832 Billion During Boycotts
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    8 Beaten Up Stocks to Buy for Second-Half Turnarounds
    Big Tech is having its best start to the year ever. But a different group may thrive in the second half.  ( 24 min )
    Nvidia Stock Gets Higher Price Target Despite Potential China Chip Ban
    Analysts at Piper Sandler led by Harsh Kumar increased their target for the stock's price in a research note.  ( 24 min )
    Analyst Report: Mckesson Corporation
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    Analyst Report: Walgreens Boots Alliance Inc
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    Disney Stock Gets a Downgrade After Analysts Cite These Five Worries
    The rating on Disney shares was lowered to Sector Weight from Overweight by analysts at KeyBanc who gave it a price target of $85.  ( 24 min )
    Market Digest: MCK, WBA
    No content preview
    'I Have $1 Million In My 401(k), Do I Have Enough To Retire?'
    No content preview
    Daily – Vickers Top Buyers & Sellers for 06/29/2023
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    Daily – Vickers Top Insider Picks for 06/29/2023
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    Virgin Galactic Is Heading to Space. That Might Not Be Good for the Stock.
    Virgin Galactic's first commercial flight is slated for Thursday at 11 a.m. Eastern time.  ( 24 min )
    Stock futures rise ahead of jobless, GDP data: Stock market news today
    Stock futures ticked higher on Thursday, as upbeat corporate updates vied with Federal Reserve hawkishness for investors' attention with the end of the first half near.  ( 7 min )
    Powell’s Honesty About Inflation Is Rare. Why Markets Need to Be Worried.
    Apple inches toward $3 trillion market value, Buffett’s Berkshire Increases Occidental Stake to 25%, and other news to start your day.  ( 24 min )
    Earn Over $145k? You May Have to Pay Taxes on Your Catch-Up Contributions
    Catch-up contributions are about to change. Starting in 2024, some workers who make catch-up contributions to employer-sponsored retirement plans, like a 401(k), will have to put this money in a Roth account. This means that they cannot deduct these contributions from … Continue reading → The post Earn Over $145k? You May Have to Pay Taxes on Your Catch-Up Contributions appeared first on SmartAsset Blog.  ( 9 min )
    Who Could Be Left Behind in the Supreme Court’s Student-Loan Ruling, in Six Charts
    More than 16 million borrowers who thought their loans would be forgiven could have to repay.  ( 26 min )
    Women Interviewing for Bill Gates’s Private Office Were Asked Sexually Explicit Questions
    Job candidates say an extreme vetting process by a security firm sometimes included questions about pornography and sexual histories; Gates’s office says such questioning would be unacceptable.  ( 27 min )
    Banks Pass Fed Stress Test With Mixed Outlook for Payouts
    (Bloomberg) -- Wall Street’s biggest banks all passed the Federal Reserve’s annual stress test, clearing a key hurdle toward paying billions of dollars to stockholders — but with a mixed picture for potentially sweetening those rewards.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkrainePutin Claims He’s Back in Control. Russia’s Elite Isn’t SureQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm Mos  ( 9 min )
    Bitcoin, Ether rise, investors upbeat as Fidelity prepares spot Bitcoin ETF application
    Bitcoin and Ether rose during Thursday afternoon trading in Hong Kong, while the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.  ( 7 min )
    These Stocks Are Moving the Most Today: Micron, JPMorgan, BlackBerry, Virgin Galactic, and More
    Shares of Micron Technology rise as the memory-chip maker says it expects margins to improve as 'industry supply-demand balance is gradually restored,' JPMorgan Chase and other big banks pass the Fed's annual stress test, and Virgin Galactic prepares for its first commercial space flight.  ( 24 min )
    Moderna and 7 More Stocks That Can Beat Apple in Second Half
    Big Tech is having its best start to the year ever. But a different group of stocks may thrive in the second half.  ( 24 min )
    Wind Turbines That Shake and Break Cost Their Maker Billions
    (Bloomberg) -- Wind turbines make money when they spin. But when they shake, it can cost billions. Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse WorkforceSiemens Energy AG is struggling to contain the fallout after discovering a ma  ( 10 min )
    These Stocks Have Soared for Good Reason. Investors Are ‘Rationally Exuberant.’
    Not every hot stock is riding a speculative frenzy to crazy heights. Sometimes, the gains make sense.  ( 24 min )
    Pfizer’s Exit Halves Japan Biotech Firm Value In Three Days
    (Bloomberg) -- Sosei Group Corp. has lost over half of its market value in just three days on concern about its outlook after Pfizer Inc. said Monday it will discontinue the partnered development of a diabetes and obesity drug.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Pr  ( 7 min )
    Berkshire Buys More Occidental Petroleum Stock, Upping Its Stake to 25%
    Berkshire Hathaway purchased about $120 million of stock in recent days and now owns $12.9 billion of Occidental Petroleum.  ( 24 min )
    Where Did All That Russian Gas Go?
    (Bloomberg) -- Much of Russia’s existing gas export infrastructure points West. Unfortunately for Moscow, most of its gas customers are now to its East and a lot of the infrastructure it needs to supply them is yet to be built. This mismatch of pipelines and customers — which is likely to take years to resolve — forms part of a bigger question triggered by Moscow’s assault on Ukraine. The war has cut Russia adrift from Europe, its biggest gas export market. So what has Russia — which has the lar  ( 12 min )
    Bank of America nurses $100bn paper loss after big bet in bond market
    Sum more than double the cost to other US lenders that channelled flood of deposits to cash  ( 11 min )
    Hong Kong Tycoons to Sell $8.4 Billion in Assets to Cut Debt
    (Bloomberg) -- Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in the face of rising borrowing costs.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over H  ( 9 min )
    Dow Jones Futures Rise: Palantir Flashes Buy Signal In Catch-22 Market; Micron Earnings Top
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    A flood of housing inventory will hit the market once mortgage rates hit this key level, Compass CEO says
    Inventory has been tight recently, as 70% of homeowners are locked into mortgage rates below 4%, leaving many hesitant to sell.  ( 6 min )
    Goldman Sachs Says Attractive Valuations Make Small-Cap Stocks Appealing; Here Are 2 ‘Strong Buy’ Names With Solid Upside Potential
    The S&P 500 is up by 14% year-to-date but it has not gone unnoticed that the robust performance has been driven by strong displays from the tech mega-caps. According to Goldman Sachs strategist Lily Calcagnini, there are better investment opportunities right now further down the food chain. “Small stocks trade at a valuation discount relative to large caps, suggesting now is an attractive entry point for investors with multi-year investing time horizons,” Calcagnini explained. “Even within the l  ( 10 min )
  • Open

    Dow Jones Today: Banks Bump Up Index
    JPMorgan and Goldman Sachs shares gained ground after passing the Fed's stress test, lifting other financials with them.  ( 1 min )
    Markets Boosted Midday by Upbeat Economic Data and Bank Stress Test Results
    U.S. equity markets were higher at midday on Thursday, June 29, 2023, boosted by upbeat economic data and bank stress test results.  ( 1 min )
    5 Things to Know Before Markets Open
    Fed Chair Jerome Powell said bank failures showed more regulation is needed and shares of Micron rose after the chipmaker beat revenue expectations. Here’s what investors need to know today.  ( 1 min )
  • Open

    Joby Shares Soar After $100M Investment, FAA Test Flight Approval
    Shares of Joby, an electric aircraft firm, jumped as high as 30% in early trading after announcing an investment by SK Telecom, while regulators also approved test flights.  ( 1 min )
    Toyota Sales Jumped 10% YoY in May, EV Sales up 31%
    Japanese car maker Toyota recorded a 10% increase year-over-year (YoY) in its global sales on the heels of recovering supply chains of semiconductors and other parts.  ( 1 min )
    OpenAI Faces Lawsuit Alleging Misuse of Internet Users’ Data
    OpenAI, the artificial intelligence (AI) company behind ChatGPT, has been hit with a lawsuit alleging it misused vast quantities of internet users’ private data to train its AI tools.  ( 1 min )
    Eli Lilly to Acquire Sigilon Therapeutics
    Eli Lilly said it will acquire Sigilon Therapeutics in an all-cash deal worth up to $309.6 million.  ( 1 min )
  • Open

    Eerste betalende klanten van Virgin Galactic bezoeken de rand van de ruimte
    Virgin Galactic heeft donderdagmiddag voor het eerst betalende klanten naar de rand van de ruimte gebracht. Een mijlpaal voor het ruimtevaartbedrijf van Richard Branson, dat al bijna twintig jaar werkt aan het aanbieden van dit soort toeristische vluchten.  ( 4 min )
    Recordstijging in juni: 8,4 procent meer loon in nieuwe cao's
    De lonen in nieuwe cao's zijn in juni met gemiddeld 8,4 procent gestegen en dat is een record. Daarmee stijgen de lonen harder dan de prijzen, want de inflatie bedroeg in mei 6,1 procent.  ( 4 min )
    AKO maakt op veertien NS-stations plaats voor sigarettenloze Bruna's
    De AKO maakt in 2024 op veertien stations plaats voor de Bruna. Het huurcontract loopt af en de NS wil de verkoop van rookwaren verbannen uit de stations. Voor de leeswinkel zijn de vestigingen dan niet langer rendabel.  ( 3 min )
    Meer storingen bij ING dan bij andere banken, klanten ervaren veel ongemak
    Klanten van ING hebben opvallend vaak problemen met bijvoorbeeld internetbankieren. De bank presteert op dat punt slechter dan andere Nederlandse banken. Dat is erg vervelend, want we worden steeds afhankelijker van online bankdiensten en onze pinpas.  ( 5 min )
    Spaanse inflatie daalt als eerste onder 2 procent, Duitse prijzen stijgen hard door
    In Spanje is de inflatie in juni gedaald tot 1,9 procent. Daarmee is het het eerste Europese land waar de inflatie onder de 2 procent is beland. Dat percentage is het streven van de Europese Centrale Bank (ECB).  ( 4 min )
    Ons migratiebeleid houdt te weinig rekening met krapte op de arbeidsmarkt
    Nederland houdt in zijn migratiebeleid te weinig rekening met de ontwikkelingen en krapte op de arbeidsmarkt. Dat schrijft de Organisatie voor Economische Samenwerking en Ontwikkeling (OESO) donderdag in een rapport.  ( 3 min )
    Twee Belgische kerncentrales blijven tien jaar langer open
    België heeft een oplossing gevonden om twee kerncentrales langer open te kunnen houden. Het land wordt samen met energieleverancier ENGIE eigenaar van de reactoren, die nu tot 2035 openblijven. Dat is tien jaar langer dan gepland.  ( 3 min )
    Ruim 63.000 werknemers van universiteiten krijgen 9 procent meer loon
    Ruim 63.000 werknemers bij de veertien universiteiten in ons land krijgen een loonsverhoging van 9 procent. Verder kunnen zij rekenen op een eenmalige uitkering variërend van 1.200 euro voor de laagste schalen tot 800 euro voor de hoogste.  ( 3 min )
    We bestellen na jarenlange groei minder per post
    Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )
    Lonen stijgen flink door ondanks advies om gas terug te nemen
    De loonafspraken aan de cao-tafels blijven aan de hoge kant. Binnen een week hebben meer dan 500.000 werknemers van supermarkten, drogisterijketen Etos en aanbieders van gehandicaptenzorg er minstens 10 procent bij gekregen. Het advies om gas terug te nemen lijkt aan dovemansoren gericht.  ( 5 min )
    Vorig jaar minder pakketjes verstuurd na jaren van toename
    Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )
    Nieuwe regels maken online opzeggen makkelijker en deurverkopen moeilijker
    Het opzeggen van een online abonnement moet makkelijker worden, verkopen aan de deur moeten aan banden worden gelegd en mogelijk komen er strengere regels voor telemarketing. Dit moet consumenten beter beschermen tegen dubieuze praktijken.  ( 5 min )
    Vorig jaar minder pakketjes verstuurd, maar nog wel veel meer dan voor corona
    Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )
    Ook Rabobank gooit spaarrente voor vierde keer dit jaar omhoog
    Spaarders bij Rabobank krijgen vanaf 17 juli een hogere rente. Het rentetarief gaat van 1 procent naar 1,25 procent. De bank volgt hiermee het voorbeeld van ABN AMRO.  ( 3 min )
    Ook in de Efteling dreigt een stroomtekort door overvol elektriciteitsnet
    Pretpark de Efteling vreest dat een nieuwe attractie en een nieuw hotel straks niet vol kunnen draaien door een stroomtekort. De pretparkbeheerder heeft een nieuwe aansluiting aangevraagd, maar daarvoor is in Noord-Brabant een lange wachtlijst.  ( 3 min )
    De vouwwagen is op de weg terug
    De oer-Hollandse vouwwagen is bezig aan een stille opmars. Het aantal vouwwagens is gestegen tot boven de 100.000. Samen met de caravan en de kampeerwagen bezit kampeerminnend Nederland nu meer dan 700.000 kampeervoertuigen.  ( 3 min )

  • Open

    Banks that Support the LGBTQ+ Community
    Several banks provide the LGBTQ+ community with services that cater to their financial needs. Learn more about the support that LGBTQ+ friendly banks provide.  ( 26 min )
    How Long Does a Beneficiary Have to Claim on a Life Insurance Policy?
    There are no time limits on filing a claim, although there are benefits to starting the process as soon as possible.  ( 22 min )
    The Main Types of Annuities Made Easy
    Annuities can have fixed or variable returns, and payouts can begin immediately or be deferred to a later date. Keep reading to learn how to make these major decisions.  ( 21 min )
    Top CD Rates Today, June 28, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    What Is a Forward Swap? Definition, How They Work, and Benefits
    A forward swap, often called a deferred swap, is an agreement between two parties to exchange assets on a fixed date in the future.  ( 18 min )
    Dow Jones Today: Index Down on Chip Fight Fears
    Concerns over trade restrictions with China and comments from Federal Reserve Chair Jerome Powell helped send the Dow Jones Industrial Average lower by 0.2%, or 64 points, Wednesday.  ( 17 min )
    Intermarket Relationships: Following the Cycle
    Learn more about the interactions between commodity, bond, stock, and currency markets and the insights they may provide for better investment decision-making.  ( 23 min )
    How Do Prepaid Debit Cards Work?
    A prepaid debit card can be used like a credit card, but you can only spend as much money as you have loaded on the card. Many of these cards come with significant fees.  ( 23 min )
    SG&A: Selling, General, and Administrative Expenses
    The selling, general, and administrative expenses (SG&A) category includes all of the overhead costs of doing business.  ( 26 min )
    Brexit: Winners and Losers
    Now that a Brexit deal has finally been reached, here’s what we know about the few winners and many losers of Brexit.  ( 28 min )
    Types of Investments in the UK
    There are many different ways to invest in the UK for both residents and those overseas  ( 31 min )
    FTX-Exec Helped Pay Hush Money To Silence Potential Whistleblowers, Lawsuit Claims
    A new lawsuit filed by the current management of failed crypto exchange FTX claims the former CCO is linked to "hush money" paid to two potential whistleblowers and lawyers to cover up fraud.  ( 19 min )
    UK Premium Bonds: Everything You Need to Know
    A premium bond is a UK savings account where you are automatically entered into a lottery to win cash.  ( 24 min )
    Rob McElhenney Is Investing in Formula 1 Team, Alpine—Here’s McElhenney’s Net Worth
    Actor Rob McElhenney has a net worth of about $50 million, thanks to his nearly two-decade run as the creator and actor on the show It's Always Sunny in Philadelphia. McElhenney also has lucrative investments such as the soccer team, Wrexham AFC, and most recently, the Formula 1 team, Alpine.  ( 19 min )
    Single Entity Coverage
    Single entity coverage is a type of insurance policy that covers all real property in a condominium, including common areas and individual units.  ( 17 min )
    Ant and Tencent Revive Efforts to Accept Foreign Credit Cards in China
    Two of China's largest payment platforms began partnerships with Visa and Mastercard in 2019. Sidelined due to COVID, those partnerships are now expanding to allow foreign visitors to easily participate in China's popular mobile payments ecosystem.  ( 16 min )
    Shares vs. Stocks: Understanding the Difference
    Technically, shares are units of stocks, but the two terms are used interchangeably to refer to securities that denote equity ownership in a company.  ( 25 min )
    How to Buy Bonds: Corporate, Treasury, Municipal, or Foreign
    Understanding how to buy bonds can save you money on fees and boost your returns. Read our tips on how to buy corporate and government bonds.  ( 24 min )
    Cost Basis for Mutual Funds: How to Calculate
    Learn how to calculate the cost basis for mutual funds, which is their original value, adjusted for stock splits, dividends, & capital distributions.  ( 24 min )
    What Is an Investment Fund? Types of Funds and History
    An investment fund is the pooled capital of investors that enables the fund manager make investment decisions on their behalf.  ( 18 min )
    How American Airlines Makes Money
    Passenger revenue has surged as travel demand continues to grow from the COVID-19 pandemic  ( 20 min )
    Majority of Venture Capitalists Invested in Artificial Intelligence, Survey Shows
    A majority of global venture capitalists invested in AI over the past year, according to PitchBook and Collision.  ( 17 min )
    European Lawmakers Propose Digital Euro With Privacy Caveats
    Members of the European Central Bank and the European Commission have said the time is right for a digital euro currency, with strong privacy feautures.  ( 17 min )
    Markets Flat Midday After Fed Chair Powell Suggests Rate Hikes Might Not be Over
    U.S. equities were flat at midday on June 28, 2023 after Fed Chair Jerome Powell's latest commentary on monetary policy suggested the Fed might not be done raising rates to curb inflation.  ( 16 min )
    30-Year Mortgage Rates Edge Higher for a Fifth Day
    Rates on 30-year mortgages have crept up for five days, gaining about an eighth of a point across the week. Most other averages were up as well, though jumbo rates were flat.  ( 20 min )
    Running a Full Bitcoin Node for Investors
    Running a full bitcoin node has its advantages for investors. Here are two of them.  ( 19 min )
    How Coca-Cola Makes Money
    Learn how Coca-Cola makes money with a unique business and distribution model that includes company-owned and franchised bottlers around the globe.  ( 22 min )
    General Mills Shares Slide After Profit, Sales Miss as Price Hikes Dent Demand
    General Mills shares tumbled close to 5% in early trading on Wednesday after the company reported weaker-than-expected profit and sales as prices rose and shoppers pulled back.  ( 17 min )
    How Peloton Makes Money
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  • Open

    Mississippi farms pay overdue wages for favoring immigrants over local Black workers, agency says
    Forty-four farms in Mississippi exploited local Black workers by paying higher wages to immigrants who were in the United States on temporary work visas, the U.S. Labor Department said Wednesday. The department announced it completed investigations that it began last year in the rural flatlands of the Mississippi Delta, one of the poorest areas of the U.S. The 44 farms include catfish growers and operations that raise crops such as rice, soybeans and corn.  ( 6 min )
    Micron Delivers Strong Forecast in Sign That Glut Is Easing
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    Investors Warn Hedge Funds: Beware a Sudden Shift in Treasury Yield Curve
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    TuSimple prepares to exit US autonomous trucking market
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    All 23 banks survive Fed's 2023 stress test
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    Chipmaker Micron tops revenue estimates on demand from booming AI
    Micron Technology forecast fourth-quarter revenue above Wall Street expectations on Wednesday, banking on a bounce in demand for its memory chips from the fast-growing artificial intelligence (AI) sector. The company expects revenue of $3.9 billion plus or minus $200 million for the quarter ending Aug. 31, compared with estimates of $3.89 billion, according to IBES data from Refinitiv.  ( 6 min )
    6 Stocks You Probably Didn’t Know Have Outperformed Apple This Year
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    Warren Buffett Makes Mistakes Too — This One Cost $11 Billion
    Even financial gurus like Warren Buffett, CEO of Berkshire Hathaway Inc., are not immune to making mistakes or bad investments. Buffett has acknowledged a costly “mistake” that impacted the conglomerate’s financials. Despite earning $42.5 billion in 2020, Buffett revealed in his annual letter to shareholders that the company had incurred a substantial loss of $11 billion because of an ill-fated acquisition. Don't Miss: Why Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting  ( 8 min )
    The Federal Reserve thinks catastrophe is coming for US businesses
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    The Fed won't hit its 2% inflation target until 2025 - and consumers spending less shows recession is coming, Bank of America CEO says
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    Stocks have climbed in 2023 after suffering through a bear market in 2022. But according to legendary investor Jim Rogers, the next downturn could be more painful. In a recent interview with Real Vision, Rogers explained why his outlook is so bleak. "[In] 2008, we had a bear market because of too much debt," he said. "Look out the window since 2008, debt everywhere has skyrocketed." And that does not bode well for investors. "It's a simple statement that the next bear market will be the worst in  ( 8 min )
    3M Stock Today: Why A Bear Call Spread In MMM Stock Gives Traders $130 Immediately
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    Why investing in AI is different than the metaverse, according to BlackRock
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    Joby Stock Is Soaring. Flying Cars Get a Nod From the FAA.
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    Hey Boomer, You’re Too Heavy on Stocks. How Pros Are Getting Retirees to Diversify.
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    Analyst Report: Nisource Inc. (Holding Co.)
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    Nvidia Stock Is Down. Here’s Where It Could Find ‘Support.’
    The U.S. might restrict sales of chips needed for artificial intelligence computing to China.  ( 22 min )
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    Nvidia sees permanent loss of opportunities from China export curbs
    Nvidia expects no immediate material impact from the reported new restrictions on exports of artificial intelligence chips to China, CNBC reported on Wednesday citing CFO Colette Kress. Shares of the company pared losses and were flat in afternoon trading. The U.S. Commerce Department will stop the shipments of chips made by Nvidia and other chip companies to customers in China as early as July, the Wall Street Journal reported on Tuesday.  ( 6 min )
    'So Unprecedented': Kevin O'Leary Says Bud Light Is The Gift That Keeps On Giving, Plans To Teach Its 25% Market Share Collapse To College Students
    Bud Light is in the headlines again. The CEO of Anheuser-Busch InBev (NYSE: BUD), the multinational brewing company behind Bud Light, is reportedly planning to go on a tour this summer to listen to consumers. But “Shark Tank” star Kevin O’Leary, also known as Mr. Wonderful, doesn’t believe it will turn things around. “I don’t think that’s going to work,” O’Leary said in a recent interview with Fox Business. “He’s going to get an earful, there’s no question about it. The problem with that tour an  ( 8 min )
    Now Costco Is Cracking Down on Membership Sharing
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    Insiders Pour Millions Into These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Steer Toward Them Too
    For investors seeking a clear path in the markets, a signal that cuts through all the noise and identifies stocks likely to gain, corporate insiders cannot be ignored. We’re referring to corporate officers who hold high posts of responsibility within their firms: CEOs, COOs, CFOs, Exec VPs, and members of the Board. These positions provide them with two undeniable attributes: a macro-view of the company and its prospects, and a need to answer to shareholders and directors for company performance  ( 11 min )
    Apple Is Worth Nearly $3 Trillion. The Stock Won’t Be Stopping There, Says Analyst.
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    Nvidia Stock Slumps on New China Chip Rules. What to Know Before Buying the Dip.
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    Drone Maker AeroVironment Posts Record Sales On 'Strong Performance' In Ukraine
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    Drained of Cash, Buffalo Bills Owner’s SPAC Closes In on a Deal
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    Apple Stock Edges Lower After Touching Record
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    Joby's Flying Taxi Is Closer to Reality With Production, Expanding Testing
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    Stocks to Watch Wednesday: Nvidia, General Mills, AMD, Intel
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    Tesla’s Next Key Number Comes From China
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    How Ferrari and Campbell’s Soup Stock Explains What Is Wrong With This Market
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    Boeing Stock Jumps On Spirit Aero Strike Deal
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    Dow Jones Futures Fall Ahead Of Powell Speech; AMD, Nvidia Slide On AI Chip Export Ban Report
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    These Stocks Are Moving the Most Today: Nvidia, AMD, Micron, General Mills, and More
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    General Mills Posts Underwhelming Sales as Retailers Tighten Inventories
    The maker of Cheerios and Bisquick pancake mix said its top line rose 3%, boosted by higher prices.  ( 28 min )
    Nvidia Could Take $3 Billion Hit From New U.S. Chip Rules on China. Buy the Stock Dip.
    The White House is considering new rules on exports of artificial intelligence chips, including those from Nvidia, to China, The Wall Street Journal reported.  ( 23 min )
    Missed The S&P 500 Rally So Far? 10 Stocks Start Soaring Right Now
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    Lucid CEO says Aston Martin EV tech deal is just the beginning
    Lucid will pursue more deals to sell its luxury electric vehicle (EV) equipment as it looks to grow its technology supply business, its top executive said on Wednesday, adding its recent deal with Aston Martin is just the start. The U.S. EV firm will provide Aston with technology including a rear drive unit with twin motors, battery modules and software for integrating systems under the agreement with the British luxury carmaker announced on Monday. The parts will come from Lucid's plant in Arizona.  ( 7 min )
    A Boeing Supplier Schedules Union Vote. The Stocks Are Up.
    Spirit AeroSystems shut its plant this past week after its workers rejected a new labor deal. A new vote has been scheduled for Thursday.  ( 26 min )
    Ask an Advisor: I Have $1.5M Invested With My Advisor and I Pay a 0.75% Fee. How Do I Know If I'm Getting the ‘Best Bang for My Buck?'
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    Daily Spotlight: Stock Market Calms
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    Daily – Vickers Top Buyers & Sellers for 06/28/2023
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    Daily – Vickers Top Insider Picks for 06/28/2023
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    Dow Jones Futures Rise But Techs Fall As AI Chip Export Ban Report Hits Nvidia, AMD
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    Analyst Report: Rio Tinto PLC
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    Fridays in the office are ‘dead forever’ according to one of New York’s biggest commercial landlords—and Mondays are ‘touch-and-go’
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    Market Digest: RIO
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    Lordstown CEO Was Ghosted by Foxconn Unit a Year Before Collapse
    (Bloomberg) -- Lordstown Motors Corp. executive Ed Hightower flew to Taiwan from Detroit last year for meetings with leaders of Foxtron, a company affiliated with iPhone assembler Foxconn Technology Group, for talks he thought would kick off development of a new electric vehicle. The CEO ghosted him.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War  ( 11 min )
    Stock futures slip with chip curbs, Powell in focus: Stock market news today
    Stocks looked set to struggle on Wednesday as techs came under pressure from concerns about more curbs on AI chip exports, with Federal Reserve Chair Jerome Powell due to speak later.  ( 7 min )
    Chip stocks smacked as U.S. mulls fresh curbs on AI access to China
    Companies that rely on the world's second largest economy for at least a fifth of their revenue such as Nvidia, Advanced Micro Devices and Intel fell as they get trapped in the U.S.-China crossfire. Nvidia fell 4%, Advanced Micro Devices 3.3% and Intel 0.7%, while futures tracking the tech-heavy Nasdaq 100 index edged 0.5% lower. The new restrictions being considered by the Commerce Department would include a ban on the sale of Nvidia's advanced chip called A800 without a special U.S. export license.  ( 7 min )
    Microsoft, Activision CEOs expected to urge US judge to allow $69 billion merger
    With U.S. antitrust enforcers determined to stop Microsoft from buying "Call of Duty" maker Activision Blizzard, the companies' two chief executives are expected to testify on Wednesday that the $69 billion deal will be good for gamers and should go forward. The Federal Trade Commission has asked a judge to stop the transaction temporarily in order to allow the agency's in-house judge to decide the case. In the past, the side that lost in federal court often conceded and the in-house process was scrapped.  ( 7 min )
    Wall Street sticks with Nvidia as US reportedly weighs curbs on chip exports
    Wall Street is staying with Nvidia as a buy despite fresh concerns on China exports.  ( 8 min )
    Andurand’s Oil Hedge Fund Plunge Exceeds 50% in Worst Ever Loss
    (Bloomberg) -- Oil trader Pierre Andurand’s losses deepened this month, with his hedge fund slumping to its worst-ever phase of decline.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSRussia Latest: Turmoil in Moscow May Boost Ukraine Arms AidHis main An  ( 6 min )
    These Stocks Are Moving the Most Today: Nvidia, AMD, AeroVironment, Micron, and More
    Chip makers Nvidia and Advanced Micro Devices slump after a report says the U.S. is considering new restrictions on exports of AI chips to China, drone maker AeroVironment issues fiscal-year guidance better than analysts' expectations, and Micron is scheduled to report quarterly earnings Wednesday.  ( 23 min )
    Meta splurged $2.3 million on Mark Zuckerberg’s private jet travel last year—and the most among the S&P 500
    But Meta spent even more on one of its other executives.  ( 7 min )
    Crypto Miners Sent Over $1B Bitcoin to Exchanges Over Two Weeks: CryptoQuant
    Miners usually sell bitcoin at favorable prices to keep their extensive computing operations running.  ( 7 min )
    UBS Preparing to Cut Over Half of Credit Suisse Workforce
    (Bloomberg) -- UBS Group AG is planning to cut more than half of Credit Suisse Group AG’s 45,000-strong workforce starting next month as a result of the bank’s emergency takeover.Most Read from BloombergUBS Preparing to Cut Over Half of Credit Suisse WorkforceStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSRussia Latest: Turmoil in M  ( 9 min )
    Walgreens Cuts Forecast, to Close 300 Boots Stores in UK
    (Bloomberg) -- Walgreens Boots Alliance Inc. shares fell the most in three years after the drugstore chain slashed its fiscal-year profit forecast, hurt by fading pandemic demand and a slow transition deeper into health care. Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Ye  ( 8 min )
    4 big analyst picks: Pinterest making 'optimal strategic move,' says Wells Fargo
    Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Pinterest, Saia, Old Dominion, and California Water Service. Pinterest (NYSE:PINS) shares gained more than 3% pre-market today after Wells Fargo upgraded the company to Overweight from Equal Weight and raised its price target to $34.00 from $23.00. According to the firm, Pinterest's strategy to outsource monetization to third parties, including an announced partnership with Amazon (NASDAQ:AMZN), aims to address its attribution and scale issues.  ( 7 min )
    Tesla to hit record quarterly sales in China even as market share shrinks - analysts
    Tesla is set to hit another record quarter with its China sales while it faces mounting pressure from local competitors such as BYD eating into its share in the world's largest auto market, analysts say. The U.S. automaker could sell 155,000 cars in China during April to June, an increase of 13% from its record first quarter, according to estimations by Shi Ji, an analyst with China Merchants Bank International Securities. However, Tesla's share in China's battery electric car market would shrink in the quarter to 13.7% from 16% in the first three months, while BYD and Aion, the EV band of Guangzhou Automobile Group, gained share, Shi added.  ( 7 min )
    Analysis-Contrarians bet U.S. energy shares will shake doldrums in 2023's second half
    A blazing U.S. stock market rally left shares of energy companies behind in the first six months of 2023 as faltering global growth sapped expectations of oil demand. While the U.S. economy has been more resilient than expected, weaker growth in the eurozone and China has weighed on oil prices, pushing Brent crude down about 16% for the year. The benchmark S&P 500, by comparison, is up 14%.  ( 8 min )
    The Spying Scandal Inside One of America’s Biggest Power Companies
    A private investigator surveilled Southern Co.’s CEO, prompting an internal investigation into whether it was commissioned by another executive.  ( 30 min )
    Nvidia Leads Selloff After Report of More US AI Chip Curbs
    (Bloomberg) -- Nvidia Corp. led declines in tech stocks after a report Washington could close loopholes in the sale to China of powerful chips used to train artificial intelligence, potentially denting sales in the world’s top semiconductor market.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearl  ( 8 min )
    Gold drops to more than 3-month low as traders await Powell
    Gold prices slipped to a more than three-month low on Wednesday after upbeat U.S. economic data cemented expectations of more rate hikes this year as investors positioned for a speech by Federal Reserve Chair Jerome Powell's later in the day. Spot gold fell 0.3% to $1,908.33 per ounce by 0946 GMT, hitting its lowest since mid-March earlier in the session. "Good U.S. economic data remains a headwind for the yellow metal, as it likely keeps Fed officials reiterating a hawkish tone," UBS analyst Giovanni Staunovo said.  ( 7 min )
    This Must-Know ETF Beats the Market Over the Long Term
    We often hear investors talk about how hard it is to “beat the market” over time, and when it comes to ETFs, for the most part, they are right. ETFs that beat the broader market indices like the S&P 500 over the long run are rare. Using the Vanguard S&P 500 ETF (NYSEARCA:VOO) as a proxy for the S&P 500, it’s easy to see why. As of the end of the most recent month, the fund has provided enviable total annualized returns of 12.8% over the past three years, 11% over the past five years, and 11.9% o  ( 9 min )
    Oil pares gains as rate hike fears offset US inventory drop
    (Reuters) -Oil prices edged higher on Wednesday after industry data showed a larger-than-expected drawdown of U.S. inventories, signalling robust demand from the world's biggest oil consumer, but the gains were limited by worries over interest rate hikes. Brent crude futures rose 34 cents, or 0.47%, to $72.60 a barrel at 0626 GMT, while U.S. West Texas Intermediate (WTI) futures gained 26 cents, or 0.38%, to $67.96 a barrel. Both contracts had fallen by about 2.5% in the previous session on signals that central banks may not be done with interest rate hikes.  ( 8 min )
    These are the bearish signals investors should monitor to stay ahead of a potential sell-off in stocks, according to Bank of America
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  • Open

    Rob McElhenney Is Investing in Formula 1 Team, Alpine—Here’s McElhenney’s Net Worth
    Actor Rob McElhenney has a net worth of about $50 million, thanks to his nearly two-decade run as the creator and actor on the show It's Always Sunny in Philadelphia. McElhenney also has lucrative investments such as the soccer team, Wrexham AFC, and most recently, the Formula 1 team, Alpine.  ( 1 min )
    Dow Jones Today: Index Down on Chip Fight Fears
    Concerns over trade restrictions with China and comments from Federal Reserve Chair Jerome Powell helped send the Dow Jones Industrial Average lower by 0.2%, or 64 points, Wednesday.  ( 1 min )
    Markets Flat Midday After Fed Chair Powell Suggests Rate Hikes Might Not be Over
    U.S. equities were flat at midday on June 28, 2023 after Fed Chair Jerome Powell's latest commentary on monetary policy suggested the Fed might not be done raising rates to curb inflation.  ( 1 min )
    5 Things to Know Before Markets Open
    Nvidia shares fall after a report that the U.S. government could further tighten chip sales to China and Fed Chair Jerome Powell is set to speak along with other central bankers. Here’s what investors need to know today.  ( 1 min )
  • Open

    In Nederland gaan gemiddeld minder bedrijven failliet dan in de rest van de EU
    In het eerste kwartaal van dit jaar was het aantal Nederlandse bedrijven dat over de kop ging gehalveerd ten opzichte van dezelfde periode in 2015, terwijl het aantal faillissementen in de rest van de Europese Unie op hetzelfde niveau lag.  ( 4 min )
    23 grootste Amerikaanse banken zouden een forse economische crisis overleven
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    NU+ | Vier vragen over de Huisvestingswet, die de weinige huizen moet verdelen
    Het is dringen op de woningmarkt, waardoor leerkrachten maar ook ouderen soms moeten uitwijken naar een andere woonplaats. De nieuwe Huisvestingswet moet ervoor zorgen dat allerlei mensen vaker voorrang krijgen voor een huis. Hoe werkt dat?  ( 4 min )
    Noren keuren voor miljarden euro's aan nieuwe olie- en gasprojecten goed
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    Werknemers met een vaste baan krijgen bij de verdeling van diensten steeds vaker voorrang op zzp'ers. Zo is de voorrang voor sociaal werkers en medewerkers in de gehandicaptenzorg vandaag opgenomen in nieuwe cao's. Ook in de verpleegzorg mag vast personeel eerder kiezen dan zelfstandigen.  ( 4 min )
    Leraren gaan staken voor hoger loon, scholen vragen kabinet mee te betalen
    Leraren eisen een loonsverhoging van 12 procent en willen daarvoor in de herfst stakingen organiseren. De basis- en middelbare scholen willen de lonen wel verhogen, maar zien te weinig financiële ruimte. Daarom vragen ze of het ministerie van Onderwijs kan bijspringen.  ( 5 min )
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    Betalen met een digitale euro moet overal in de eurozone mogelijk zijn. Gebruikers kunnen daarom straks bij commerciële banken een rekening openen voor de e-euro. Verder worden winkeliers verplicht de digitale munt te accepteren. Dit staat in een voorstel van de Europese Commissie dat woensdag is verschenen.  ( 6 min )
    Scholen vragen kabinet om mee te betalen aan extra loon voor docenten
    Leraren eisen een loonsverhoging van 12 procent en willen daarvoor in de herfst stakingen organiseren. De basis- en middelbare scholen willen de lonen wel verhogen, maar zien te weinig financiële ruimte. Daarom vragen ze of het ministerie van Onderwijs kan bijspringen.  ( 4 min )
    Nieuw-Zeeland en China bestendigen handelsrelatie
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    Toezichthouder wil met nieuwe regels de stroomnetten efficiënter gebruiken
    Aangezien veel elektriciteitsnetten vol zijn, wil toezichthouder ACM de bestaande netten nóg efficiënter gaan gebruiken. Netbeheerders kunnen bijvoorbeeld energieaansluitingen aanbieden die op piekmomenten niet gebruikt worden.  ( 3 min )
    New Yorkers kunnen opgelucht ademhalen: pizza verdwijnt niet uit de stad
    Inwoners van New York hebben zich de afgelopen dagen druk gemaakt over het voortbestaan van de in oven gebakken pizza in de stad. Ze dachten dat de pizza zou verdwijnen, maar hebben een nieuwe maatregel gewoon verkeerd begrepen.  ( 3 min )
    Pizzarel in New York over veronderstelde milieumaatregel
    Inwoners van New York hebben zich de afgelopen dagen druk gemaakt over het voortbestaan van de in oven gebakken pizza in de stad. Ze dachten dat de pizza zou verdwijnen, maar hebben een nieuwe maatregel gewoon verkeerd begrepen.  ( 3 min )
    Spaarrente bij ABN AMRO naar boven de 1 procent
    Klanten van ABN AMRO krijgen vanaf 1 augustus 1,25 procent rente op hun spaargeld. Dat is nu nog 1 procent. Dat meldt de bank dinsdag op zijn website.  ( 3 min )
    Kassabon wordt door plastictoeslag weer wat langer
    Vanaf zaterdag wordt de kassabon in de supermarkt weer een stukje langer. Sinds twee jaar staat het statiegeld op kleine flesjes erop, sins een paar maanden het statiegeld op blikjes. Nu komt daar de nieuwe plastictoeslag bij. Of dat helpt bij het terugdringen van de plastic afvalberg, valt te bezien.  ( 5 min )
    Schatkist krijgt flinke knauw van accijnsverlaging op brandstof
    De overheid is flink wat geld misgelopen door de accijnsverlaging op brandstof, die zaterdag weer deels wordt teruggedraaid. In het eerste kwartaal van dit jaar inde de overheid 255 miljoen euro minder accijns dan een jaar eerder.  ( 4 min )
  • Open

    General Mills Shares Slide After Profit, Sales Miss as Price Hikes Dent Demand
    General Mills shares tumbled close to 5% in early trading on Wednesday after the company reported weaker-than-expected profit and sales as prices rose and shoppers pulled back.  ( 1 min )

  • Open

    US home prices are still dropping - and the S&P 500 will erase this year's gains, top economist David Rosenberg says
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    Sunak’s stealth tax raid hits 1.2 million savers
    More than 1.2m savers will be forced to pay tax on their interest for the first time this year as a stealth raid by Rishi Sunak brings in billions of pounds for the Treasury.  ( 7 min )
    Dow Jones Futures: Market Rallies Bullishly, But Nvidia Falls Late On AI Chip Export Ban Report
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    Disney beats investor lawsuit over feud with DeSantis
    The Walt Disney Co board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a Delaware judge ruled on Tuesday, in a case the judge said was improperly directed by a conservative legal group. The ruling by Lori Will of Delaware's Court of Chancery means that Disney will not have to turn over internal records including years of board members' emails sought by shareholder Kenneth Simeone, who sued Disney in December. The judge said Simeone cannot use a provision of Delaware corporate law meant to empower shareholders to investigate boardroom wrongdoing to "search for hypothetical conflicts."  ( 7 min )
    Pile into mega-cap tech stocks for the next 6 months as a recession is likely, top Citi strategist says
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    U.S. Sanctions Wagner’s Gold and Diamond Mining Operations
    The measures, targeting companies the U.S. says the Russian paramilitary group uses to fund its operations, follow a WSJ investigation into the global reach of the organization.  ( 31 min )
    Top CD Rates Today, June 27, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Federal board sides with Navajo coal company, says BNSF Railway must ship to Canadian port
    A federal board has sided with one of the largest coal producers in the United States in a contract dispute with a major freight railroad, ordering BNSF Railway to transport at least 4.2 million tons of coal this year for overseas use. The U.S. Surface Transportation Board’s 3-2 order last week said BNSF has the ability to fulfill the contract and still meet the needs of other shippers. The Navajo Transitional Energy Co. sought the order in April.  ( 8 min )
    US judge approves Overstock's $21.5 million Bed Bath & Beyond purchase
    A U.S. bankruptcy judge on Tuesday approved Overstock.com's $21.5 million purchase of Bed Bath & Beyond's brand name, intellectual property and ecommerce platform. U.S. Bankruptcy Judge Vincent Papalia approved the sale at a court hearing in Newark, New Jersey, saying that he was "gratified" to see a bidder emerge that would preserve Bed Bath & Beyond's brand. Overstock emerged as the winning bidder for the company's intellectual property in a deal worth $21.5 million, court filings showed on Thursday.  ( 7 min )
    China EV Sales: Li Auto Eyes A Huge Quarter After Nio Joined Price War
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    Employees are feeling a lot of negative emotions at work, but C-suite execs and managers have no idea because they’re struggling too
    There’s a stark mismatch in how C-suite execs believe their employees are faring, and the reality.  ( 8 min )
    Apple Stock Sets Another Record High
    Shares of Apple closed Tuesday at a record high, with the stock edging toward a $3 trillion market cap for the consumer-electronics giant. Apple stock finished today up 1.5% to $188.06. They also set an intraday record, earlier touching $188.39, according to Dow Jones Market Data. The shares would  ( 20 min )
    ‘Green Light to Own Tech’: Daniel Ives Sees Tech Stocks Heating Up in 2H — Here Are His Top Picks
    Given the strong stock market rally seen this year has been driven by tech, it has almost been forgotten how different things looked at the onset of 2023. Coming off 2022’s bear market, Wedbush analyst Daniel Ives reminds investors that sentiment around tech stocks was “extremely negative with a cloudy macro, Fed overhang, hard landing worries, and softening consumer/ enterprise demand all creating a dark cloud over the tech sector.” But in the face of such headwinds, the exact opposite occurred  ( 10 min )
    Walgreens stock sinks as company warns consumers pull back on spending, COVID vaccines
    At Walgreens, COVID-19 vaccine administrations declined 83% in the most recent quarter, forcing the retailer to cut its profit outlook for 2023.  ( 8 min )
    Analysts Are Upgrading REITs Across Multiple Subsectors
    When Wall Street sustains a broad-based rally across different sectors, it’s a sign of market health. In a bull market, financials, energy, tech and healthcare stocks can all rise in tandem. Conversely, when multiple sectors are sold off, it’s usually a sign of a bearish market. This is also true with real estate investment trusts (REITs), which have more than a dozen subsectors in their universe. Over the past month, many of the subsectors have begun to show improving performance after a diffic  ( 9 min )
    Retirement savers stay the course after rocky 2022 — with a little help from their employer
    The good: Americans are saving for retirement at record rates driven in large measure by the growing number of employers automatically enrolling them in workplace 401(k) plans and workers automatically boosting the percentage they contribute each year. The bad: Account balances took a hit in recent years.  ( 9 min )
    Apple Could Hit a New High Today. Why It’s Still Risky.
    Apple stock was on pace to hit its fifth all-time high in 2023.  ( 22 min )
    Alibaba Stock Got Downgraded. It’s Rising Anyway.
    The Chinese tech giant faces rising competition from the likes of JD.com and Pinduoduo.  ( 22 min )
    Ford Is Laying Off Engineers. Why Farmers Stand to Gain.
    The Wall Street Journal reported Tuesday that Ford Motor is laying off about 1,000 workers, including engineers, in an effort to reduce costs.  ( 27 min )
    Lordstown bankruptcy points to EV hype that didn't deliver
    Lordstown's Chapter 11 filing highlights the challenges faced by EV stocks that were investor favorites during the pandemic. Today, they're trading at a fraction of their pandemic highs.  ( 8 min )
    Carnival Stock Rises as Cruise Shares Resume Rally
    Cruise stocks are shaking off Monday’s selloff. Carnival is up more than 8% Tuesday, while Norwegian Cruise Line Holdings and Royal Caribbean Group are both ahead by more than 4%. Cruise stocks fell Monday, after Carnival [reported second-quarter results](https://www.wsj.com/articles/carnival-shar  ( 21 min )
    Russia's near-mutiny just cratered its currency against the dollar
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    Analyst Report: AES Corp.
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    Money Markets Are Giving Fed Room to Keep Shedding Treasuries
    (Bloomberg) -- Money markets are giving the Federal Reserve a green light to continue shedding Treasury securities from the massive pile accumulated as part of its pandemic response.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’UBS Preparing to Cut Over Half of Credit Suisse WorkforceWagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSPutin Blasts Wagner ‘Tra  ( 7 min )
    Market Update: AES, VFC
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    A recession indicator that predicted every downturn since 1969 started flashing months ago—and a Wall Street veteran warns it always works on a delay
    Megan Horneman, who worked at Deutsche Bank before moving to Verdence Capital, says many signals are pointing to an “unavoidable” recession later this year.  ( 8 min )
    First Leveraged Bitcoin ETF in U.S. Sees $4.2M in Trading Volume Since Debut
    The ETF saw $500 million worth of trades in the first 15 minutes.  ( 7 min )
    Surprisingly Strong US Economic Data Keeps Recession Fears at Bay
    (Bloomberg) -- A flurry of data showed surprising strength in several corners of the US economy, painting a picture of resilience and further delaying any likelihood of recession.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSRussia Latest: Mutiny Lead  ( 7 min )
    Treasury Shouldn’t Have Given Pandemic Aid to Trucking Company, Report Finds
    The Treasury Department erred in giving a loan to trucking company Yellow as part of a 2020 Covid-19 rescue package, according to a new congressional report.  ( 27 min )
    Nvidia-Snowflake AI Pact Creates Two Winners, Says Analyst
    A deal with Nvidia will offer generative artificial-intelligence technology to Snowflake's customers. Mizuho analyst Jordan Klein says Snowflake is entering the generative AI arena.  ( 23 min )
    Not All US Treasuries Are ‘Truly Safe,’ Dallas Fed Paper Says
    (Bloomberg) -- US Treasuries are seen globally as the world’s favored haven asset. Yet it’s short maturities that best fit that definition, according to a Federal Reserve Bank of Dallas paper.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedUBS Preparing to Cut Over Half of Credit Suisse WorkforcePickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSPutin Blasts W  ( 6 min )
    Costco starts cracking down on membership sharing
    The wholesale store has seen an uptick of nonmembers shopping using memberships that don't belong to them, a company spokesperson told CBS News.  ( 6 min )
    Walgreens sinks as company warns consumers pull back on spending, COVID vaccines
    At Walgreens, Covid-19 vaccine administrations declined 83% in the most recent quarter, forcing the retailer to cut its profit outlook for 2023.  ( 8 min )
    Walgreens cuts profit outlook on weakening Covid vaccine demand, consumer spending
    At Walgreens, Covid-19 vaccine administrations declined 83% in the most recent quarter, forcing the retailer to cut its profit outlook for 2023.  ( 8 min )
    Here's Zillow Co-Founder's Only Real Estate Investment — He Finds The Sector 'Unapproachable And Complex'
    Serial entrepreneur Spencer Rascoff is best known as the co-founder and former CEO of the online real estate marketplace Zillow. He also co-founded Pacaso, a platform that aims to make owning a second home more accessible by offering a shared ownership model. Given his role in creating these platforms, one might think that Rascoff must be a big real estate investor. But that’s not really the case. In a recent fireside chat, Arrived Co-Founder and CEO Ryan Frazier asked Rascoff whether he has inv  ( 8 min )
    Yellow running out of options, sues union for $137M
    Shares of Yellow Corp. plummeted Tuesday as a lawsuit against Teamsters revealed the company’s options are dwindling and it will be out of cash in a few weeks. The post Yellow running out of options, sues union for $137M appeared first on FreightWaves.  ( 9 min )
    The Argus Dividend Growth Model Portfolio
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    The Second FTX Asset Recovery Report Is Packed With Bombshells
    New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy.  ( 9 min )
    More Owners of Distressed Office Properties Simply Choose to Walk Away
    Office property owners who can't pay their mortgages increasingly have decided to give the key back to their lenders, creating downstream losses for investors in commercial mortgage-backed securities.  ( 20 min )
    Alibaba Stock Gets Downgraded. Analysts See Risk of a ‘Value Trap.’
    The Chinese tech giant faces rising competition from the likes of JD.com and Pinduoduo.  ( 22 min )
    Apple fails to end lawsuit over China sales comment by CEO Cook
    A U.S. judge has rejected Apple's bid to throw out a class-action lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China. U.S. District Judge Yvonne Gonzalez Rogers' decision late Monday night clears the way for shareholders led by a British pension fund to sue over a one-day plunge that wiped out $74 billion of Apple's market value. The lawsuit stemmed from Cook's comment on a Nov. 1, 2018, analyst call that while Apple faced sales pressure in markets such as Brazil, India, Russia and Turkey, where currencies had weakened, "I would not put China in that category."  ( 7 min )
    Much of the $1.8 trillion in student debt won’t ever be repaid, nonpartisan research organization says. ‘The government is poised to take a bath on its student loan portfolio’
    Student loan debt is “impairing economic well-being for a widening and diversifying swath of the population.”  ( 8 min )
    These 2 ‘Strong Buy’ Penny Stocks Could Soar to $25 (Or Higher), Says Piper Sandler
    Whether you love them or hate them, penny stocks are contentious. These tickers, which trade for less than $5 per share, have earned a reputation on Wall Street for their divisive nature, leaving investors struggling to find common ground on the matter. The appeal is clear. For the same price as one share of a more well-known company, investors can snap up hundreds of shares of a penny stock. What’s more, the fact that even minor share price appreciation can translate to irresistible percentage  ( 10 min )
    Alphabet Moving ‘Too Fast’ in AI, Bernstein Warns in Downgrade
    (Bloomberg) -- Alphabet Inc. received another downgrade on Tuesday, with Bernstein becoming the latest firm on Wall Street to step away from the Google parent company.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Putin Says Russia Avoided ‘Civil War’ as Wagner Mutiny Case EndsThe 10 Worst US Airports for Flight Disruptions This SummerPickleball Injuries May Cost Americans Nearly $400 Million This  ( 7 min )
    Meta Stock Could Soar Even Higher, Analysts Say. It Isn’t Just About Cost-Cutting.
    The parent company of Facebook is seeing strong growth in the video platform Reels, the bank says.  ( 22 min )
    Treasury Bonds vs. TIPS Ladders vs. Annuities: Which Strategy Is Best For Retirement Income?
    Generating enough income in retirement to meet your spending needs is crucial. While Social Security provides inflation-protected retirement income, it's simply not enough for many retirees. If you need help planning for retirement, consider working with a financial advisor. John Rekenthaler, … Continue reading → The post Treasury Bonds vs. TIPS Ladders vs. Annuities: Which Strategy Is Best For Retirement Income? appeared first on SmartAsset Blog.  ( 8 min )
    Taxes Cost Expats in the US This Much
    From sunny Caribbean beaches to charming European villages, the expatriate lifestyle offers numerous settings for relaxation, adventure and a refreshing switch from typical American living. However, understanding your tax obligations is essential as a U.S. citizen or permanent resident living … Continue reading → The post What Taxes Expats Pay in the U.S. appeared first on SmartAsset Blog.  ( 11 min )
    Billionaire Investor Charlie Munger Playfully Jabs Elon Musk's Overestimated IQ, Deeming Him Unsuitable For Ideal Job Candidate
    During the 2019 annual meeting of Daily Journal Corp., renowned billionaire investors Warren Buffett and Charlie Munger engaged in a discussion about their hiring preferences, shedding light on their risk-averse approach. Munger, the 99-year-old vice chairman of Buffett's Berkshire Hathaway Inc. holding company, made a playful remark about Tesla Inc. CEO Elon Musk, emphasizing that Musk would not be his ideal candidate. Munger, who has a reported net worth of $2.5 billion, was responding to a sh  ( 8 min )
    Lordstown Motors files for bankruptcy, sues Foxconn
    Lordstown Motors, which once had a valuation of more than $5 billion, filed for bankruptcy on Tuesday.  ( 8 min )
    Bank of America to expand in four US states, closing gap with JPMorgan
    Bank of America Corp is adding consumer branches in four new U.S. states, it said on Tuesday, bringing its national footprint closer to rival JPMorgan Chase & Co. Bank of America will open new financial centers in Nebraska, Wisconsin, Alabama and Louisiana as part of a four-year expansion across nine markets, including Louisville, Milwaukee and New Orleans. The openings will give BofA a retail presence in 39 states, compared with JPMorgan, the largest U.S. lender, which has branches in 49 states.  ( 7 min )
    Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
    The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business.  ( 28 min )
    Dow Jones Futures Fall Ahead Of Key Economic Data; Walgreens Dives On Earnings Miss
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    Fund Founder Beschloss Warns Interest Rate ‘Regime Change’ Will Ruin Investing
    (Bloomberg) -- When the Federal Reserve ended a years-long policy of ultra-low interest rates, it upended expectations for investments, according to Afsaneh Beschloss, founder and chief executive officer of RockCreek Group.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltPutin Says Russia Avoided ‘Civil War’ as Mutiny Case ClosedStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Pickleball Injuries May Cost Americans Nearly $400 Million This Year, Ac  ( 12 min )
    Walgreens Stock Tumbles. It Slashes Outlook as Shoppers Grow More Cautious.
    A plunge in demand for Covid-19 related services, and increasingly cautious consumers focused on value are behind the pharmacy chain's disappointing third-quarter update.  ( 22 min )
    ChargePoint Stock Rises After It Adopts Tesla’s EV Plug. The Standards Was Is Won.
    The charging industry is adapting to what has essentially become the North American standard.  ( 22 min )
    This Top Cathie Wood Stock Is Expected To Deliver 772% Earnings Growth — And It's Near A Buy Point
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    Analyst Report: Fortive Corp
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    Analyst Report: United Rentals, Inc.
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    Analyst Report: Suburban Propane Partners L P
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    Forget ‘quiet quitting’. Now frustrated employees are ‘loud quitting’—and the resignation trend is even worse for business leaders
    Unlike “Quiet Quitters”, these workers are acting out their unhappiness and plotting how to directly harm your business.  ( 7 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: CCL, SPH, URI, FTV
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    5 Things to Know Before Markets Open
    EV truck maker Lordstown Motors files for bankruptcy and online brokerage Robinhood cuts 7% of its workforce. Here’s what investors need to know today.  ( 18 min )
    Lordstown Motors files for Chapter 11 bankruptcy protection
    Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing. In early May electronics company Foxconn wavered on a $170 million investment in Lordstown. The Ohio company said in a regulatory filing at the time that it had received notice from Foxconn on April 21 that it was in breach of their investment agreement because it had received a delisting warning from Nasdaq two days earlier.  ( 7 min )
    Daily – Vickers Top Buyers & Sellers for 06/27/2023
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    Daily – Vickers Top Insider Picks for 06/27/2023
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    Fed Will Pay High Price to Bring Down Inflation. Investors Should Take Note.
    Lordstown files for bankruptcy blaming Apple supplier Foxconn, weight-loss drugs take center stage with Lilly test results, and other news to start your day.  ( 23 min )
    J&J's $8.9 billion talc settlement faces US bankruptcy test
    Johnson & Johnson's proposed $8.9 billion settlement of thousands of lawsuits alleging that its talc products cause cancer faces a crucial hurdle this week as a U.S. bankruptcy judge in New Jersey considers whether or not a J&J subsidiary may resolve them by filing for bankruptcy a second time. J&J subsidiary LTL Management's first attempt to do that was dismissed in April after a U.S. appeals court ruled that it was not in sufficient financial distress to be eligible for bankruptcy protection.  ( 8 min )
    Stock futures signal rebound from losing streak: Stock market news today
    Stocks were setting up for a comeback on Tuesday from a run of losing days, as investors waited for key data to land to provide insight into the US economy.  ( 7 min )
    Tesla: Why Wall Street is getting cautious after a monster rally to start 2023
    Tesla's soaring stock price to start 2023 has analysts worried shares of the electric-vehicle maker might be looking frothy.  ( 9 min )
    US Truck Startup Lordstown Files for Bankruptcy After Foxconn Deal Falls Through
    (Bloomberg) -- Lordstown Motors Corp. filed for bankruptcy after the electric truck startup’s investment agreement with manufacturing giant Foxconn Technology Group rapidly unraveled.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerRussia Latest: Putin Says Mutiny’s Organizers Sought to DividePutin Faces Historic Threat to Absolute Grip on Po  ( 7 min )
    Naspers, Prosus Shares Rise After Deal to Undo Cross-Holding
    (Bloomberg) -- Prosus NV and its parent Naspers Ltd. received approval from South African regulators to remove a cross-holding structure in a deal that will let Naspers continue a share buyback program. Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerRussia Latest: Putin Says Mutiny’s Organizers Sought to DividePutin Faces Historic Threat to  ( 8 min )
    China Tightens Grip on Markets After Selloff in Currency, Stocks
    (Bloomberg) -- China took a further step to slow the slide in the yuan, setting its daily reference rate for the managed currency at a stronger-than-expected level for a second day. Most Read from BloombergPutin Blasts Wagner ‘Traitors’ After Prigozhin Denies Coup PlotStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerPutin Faces Historic Threat to Absolute Grip on Power in RussiaRussia Latest: Putin Says Mutiny’s Organizers  ( 7 min )
    Stocks Rise, Dollar Falls; Industrial Metals Jump: Markets Wrap
    (Bloomberg) -- Stocks in Asia received a fillip from Hong Kong-listed technology stocks, buoying sentiment after US stocks slid amid concern that the Federal Reserve will push the US into recession.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ After Prigozhin Denies Coup PlotStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerPutin Faces Historic Threat to Absolute Grip on Power in RussiaRussia Latest: Putin Says Mut  ( 9 min )
    EV Startup Lordstown, Once an Ohio Town’s Savior, Files for Bankruptcy
    The electric-truck maker, once cheered by investors during the SPAC boom and lauded by former President Donald Trump as a savior for a closed GM factory in Ohio, filed for bankruptcy.  ( 29 min )
    Lordstown Motors files for bankruptcy, sues Foxconn
    The US electric truck manufacturer has filed for bankruptcy protection and put itself up for sale after it failed to resolve a dispute over a promised investment from Taiwan company Foxconn.  ( 9 min )
    Conservationists and tribes urge US appeals court to block Biden-backed Nevada lithium mine
    Lawyers for environmentalists and tribes urged a U.S. appeals court on Tuesday to overturn a judge's decision to allow construction to begin on a huge lithium mine in Nevada. A lawyer for four conservation groups seeking to halt the project said a U.S. district judge in Reno illegally exceeded her authority when she refused to revoke the mine's operation plan in March despite her conclusion that federal land managers had violated the law in approving parts of it. “This is the first time in public land history that we have a major project violating a number of provisions but is allowed to go forward,” Roger Flynn, an environmental lawyer told a three-judge panel of the 9th Circuit Court of Appeals.  ( 9 min )
    Ron DeSantis Asks Judge to Toss Disney’s Lawsuit
    The Florida governor is arguing that the company lacks standing to sue him and another state official.  ( 29 min )
    The Rare Metal Keeping Xi and Biden Up At Night
    Canada’s Case Lake is the center of one of the most exciting rare metal discoveries of the last decade, with a small explorer unearthing what could be the only new cesium play in existence  ( 19 min )
  • Open

    Dow Jones Today: Index Ends 6-Day Losing Streak
    Tech and retail stocks helped lift the Dow Jones, while Walgreens plummeted after lowering its earnings outlook  ( 1 min )
    Investment Advisory M&A Activity Up 237%, Fidelity Study Shows
    The number of deals more than tripled from 2019 to 2023, as the median AUM for acquired firms grew and deal completion time shrunk.  ( 1 min )
    Markets Rise on Positive News about Consumer Confidence and Travel Demand
    Markets rise on Tuesday, June 27, 2023 on positive news about consumer confidence and rising travel demand.  ( 1 min )
    Markets Rise Midday Amid Optimism About Consumer Spending and Travel Demand
    U.S. equities were in positive territory at midday on June 27, 2023, as consumer confidence rose amid optimism about spending and travel demand.  ( 1 min )
    5 Things to Know Before Markets Open
    EV truck maker Lordstown Motors files for bankruptcy and online brokerage Robinhood cuts 7% of its workforce. Here’s what investors need to know today.  ( 1 min )
  • Open

    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 23 min )
    Top CD Rates Today, June 27, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Three of Four CEOs See AI as Competitive Advantage
    Fewer than half of CEOs said they have reduced or redeployed their workforce due to AI, though more than a quarter plan to do so within a year  ( 17 min )
    Investment Advisory M&A Activity Up 237%, Fidelity Study Shows
    The number of deals more than tripled from 2019 to 2023, as the median AUM for acquired firms grew and deal completion time shrunk.  ( 17 min )
    Crypto Firm Prime Trust Placed Into Receivership
    A court filing in Nevada has revealed crypto custodian Prime Trust only has 3.5% of the cash owed to its clients as the firm is placed into receivership.  ( 17 min )
    What Is the Debt Ratio?
    The debt ratio is a fundamental analysis measure that looks at the extent of a company’s leverage.  ( 27 min )
    Who Is Lakshmi Mittal? What Is He Known for?
    Lakshmi Mittal is executive chairman of ArcelorMittal. He is known as a global leader in the steel industry.  ( 21 min )
    Dow Jones Today: Index Ends 6-Day Losing Streak
    Tech and retail stocks helped lift the Dow Jones, while Walgreens plummeted after lowering its earnings outlook  ( 17 min )
    Markets Rise on Positive News about Consumer Confidence and Travel Demand
    Markets rise on Tuesday, June 27, 2023 on positive news about consumer confidence and rising travel demand.  ( 16 min )
    Southern Heat Wave Boosts Generator Demand and Generac Shares Rise
    Generac shares jumped 8.8% on Tuesday as a searing heat wave in the Southern U.S. drove up generator demand.  ( 16 min )
    Do I Need Travel Insurance?
    You may need travel insurance to offer financial protection if you cancel an expensive, nonrefundable vacation for an approved reason. Learn about its other benefits.  ( 24 min )
    What Is a Participating Policy? Definition and How It Works
    A participating policy is insurance that pays dividends to policyholders. Dividends come from the profits of the insurance company that sold the policy.  ( 21 min )
    US Home Prices Post First Annual Decline in 11 Years, Case-Shiller Shows
    U.S. home prices fell in April from a year earlier, the first year-over-year price decline in 11 years as higher mortgage rates made home purchases more expensive.  ( 17 min )
    Trade Price Response Definition and Example
    Trade price response is a technical analysis strategy that establishes a position based on what the price of a security does after it crosses a threshold.  ( 19 min )
    Delta Shares Take Off After Boosting Outlook as Travel Demand Rises
    Delta shares jumped on Tuesday after the airline raised its current quarter and full-year profit and revenue forecast, citing pent-up demand following the COVID-19 travel slump.  ( 17 min )
    Using Options to Create Capital Protected Investment (CPI)
    Learn how options can help an investor create capital protected investments (CPIs). For most investors, protecting their initial investment often becomes the deciding factor when selecting investment options.  ( 23 min )
    What Is a Checking Account? Here's Everything You Need To Know
    A checking account is an account held at a financial institution that allows deposits and withdrawals. Learn how checking accounts work and how to get one.  ( 28 min )
    7 Companies Owned by JPMorgan Chase & Co.
    Chase Manhattan, Bear Stearns, Bank One, Washington Mutual, Cazenove, InstaMed, and WePay are major companies owned by JPMorgan Chase & Co.  ( 26 min )
    Eligible Expenses for an ABLE Account
    Eligible expenses for ABLE accounts are referred to as qualified disability expenses (QDEs) and cover a broad range of items and services.  ( 24 min )
    Who Is Rishi Sunak? What Is He Known for?
    Rishi Sunak is a finance professional and politician, who was appointed prime minister of the United Kingdom in October 2022.  ( 25 min )
    Already Record-High Savings Rate Climbs Higher Still
    Already at a 15-year high, the top savings account rate is now 5.17% APY. Or you can choose from one of nine other options that are paying 5.00% or more.  ( 19 min )
    Ethical Issues Financial Advisors May Face
    Explore some common ethical dilemmas investment professionals may face, and guidance on how to avoid or overcome the situation to better serve clients.  ( 25 min )
    How to Find a Woman Financial Advisor or Planner
    All things equal, a woman's manner and life experiences may mesh better with female clients.  ( 24 min )
    New Home Sales Jumped in May
    Amid low inventory of existing homes, homebuyers turned to new construction, pushing new home sales higher in May.  ( 16 min )
    Markets Rise Midday Amid Optimism About Consumer Spending and Travel Demand
    U.S. equities were in positive territory at midday on June 27, 2023, as consumer confidence rose amid optimism about spending and travel demand.  ( 16 min )
    Consumers Starting to Feel Maybe Economy Isn’t So Bad After All
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    Most Gen Z, Millennials Ashamed of Needing to Ask Parents for Support
    About 80% say an established credit history is key to feeling more financially independent.  ( 16 min )
    Walgreens Shares Plunge After Reducing Its Outlook as Spending Slows
    Walgreens shares plummeted on Tuesday after the drugstore chain slashed its full-year earnings guidance, citing reduced consumer spending and slowing demand for COVID-19 products and services.  ( 16 min )
    Accounting Cycle Definition: Timing and How It Works
    The accounting cycle is a process of recording, analyzing, adjusting, finalizing, and reporting a company's accounting activities for an accounting period.  ( 22 min )
    Almost Half of US Car Buyers Planning to Buy an EV, Citing Improved Performance
    A new survey from EY said that almost half of US car buyers intend to buy an electric vehicle.  ( 17 min )
    Is a Home Equity Loan a Good Idea?
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    Eli Lilly Shares Rise After Drug Helps Patients Lose More Weight Than Competitors
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    US Rents Fell in May in First Year-over-Year Decline Since 2020
    Median rents fell in May from a year earlier, though they remain 25% higher than before the pandemic.  ( 17 min )
    Lordstown Motors Files for Bankruptcy
    Lordstown Motors filed for bankruptcy and sued Foxconn after a funding deal with the Taiwan-based manufacturer failed to materialize.  ( 18 min )
    Who Are Tesco's Main Competitors?
    Tesco is a leader in the U.K. grocery market sector with several competitors.  ( 19 min )
    Fixed-rate mortgage averages steady for a second day
    Averages on fixed-rate mortgage products held mostly steady for a second day, while adjustable-rate averages were mixed and the jumbo 30-year average fell.  ( 20 min )
    How to Retire in the U.K. as an American
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    Fast Market Rule Definition
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    More Owners of Distressed Office Properties Simply Choose to Walk Away
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    What Is a Drop-Dead Fee?
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    Ally Bank CD Rates: June 2023
    Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )
    How Much Does a Financial Advisor Cost?
    The type of advisor you work with and the fee structure they offer will affect how much you pay  ( 25 min )
    Russian Ruble (RUB): Overview of Russia's Currency
    The Russian ruble (RUB) is the currency of Russia and is the second-oldest currency still in circulation, behind the British pound sterling. The Russian ruble is made up of 100 kopeks.  ( 24 min )
    Targeting the Ideal Client for Your Practice
    Expand your definition of a lucrative client and broaden your client search methods to build your book of business.  ( 24 min )
    Consumers Worry About Paying Other Debt, Mortgages As Student Loan Payments Loom
    Consumers said they have serious concerns about making debt and mortgage repayments as student loan payments restart.  ( 16 min )
    Association of British Insurers (ABI)
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    U.S. Housing Map Being Redrawn by Work From Home, Southern Moves
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    How Wealthy Is the British Royal Family?
    The British royal family has a massive portfolio of property, art, and more. But calculating its value can be very difficult.  ( 22 min )
    5 Things to Know Before Markets Open
    EV truck maker Lordstown Motors files for bankruptcy and online brokerage Robinhood cuts 7% of its workforce. Here’s what investors need to know today.  ( 18 min )
    Offshore Banking Unit (OBU): Definition and How They Work
    Offshore banking units (OBUs) make loans in the Eurocurrency market when they accept deposits from foreign banks and other OBUs.  ( 23 min )
    401(k) Rollovers: The Tax Implications
    The tax rules for 401(k) rollovers can be simple or complex, depending on which path you take.  ( 21 min )
  • Open

    Walgreens Shares Plunge After Reducing Its Outlook as Spending Slows
    Walgreens shares plummeted on Tuesday after the drugstore chain slashed its full-year earnings guidance, citing reduced consumer spending and slowing demand for COVID-19 products and services.  ( 1 min )
    Lordstown Motors Files for Bankruptcy
    Lordstown Motors filed for bankruptcy and sued Foxconn after a funding deal with the Taiwan-based manufacturer failed to materialize.  ( 1 min )
    Southern Heat Wave Boosts Generator Demand and Generac Shares Rise
    Generac shares jumped 8.8% on Tuesday as a searing heat wave in the Southern U.S. drove up generator demand.  ( 1 min )
    Delta Shares Take Off After Boosting Outlook as Travel Demand Rises
    Delta shares jumped on Tuesday after the airline raised its current quarter and full-year profit and revenue forecast, citing pent-up demand following the COVID-19 travel slump.  ( 1 min )
    Eli Lilly Shares Rise After Drug Helps Patients Lose More Weight Than Competitors
    Eli Lilly shares rose in early trading on Tuesday after a trial showed its retatrutide weight loss drug could help patients lose more weight than other drugs, including Novo Nordisk's Ozempic.  ( 1 min )
  • Open

    Score-winkels blijven na faillissement open in hoop op doorstart
    De ruim vijftig winkels van Score blijven na het faillissement van afgelopen vrijdag voorlopig open. Ondertussen zijn er al partijen die de kledingwinkels mogelijk willen overnemen. Het personeel hoeft niet te vrezen voor z'n loon.  ( 3 min )
    Wéér een energieverkoper aan de deur? Dat is binnenkort misschien voorbij
    Veel mensen is het een doorn in het oog: een verkoper van een energieleverancier die aan de deur komt vertellen dat je veel goedkoper uit bent als je overstapt. Als het aan de Tweede Kamer ligt, komt daar binnenkort een einde aan.  ( 3 min )
    Beschuit met muisjes moeilijk te krijgen door leveringsproblemen
    Paniek bij aanstaande moeders en vaders: het kan nog weleens lastig zijn om te trakteren op beschuit met muisjes. Door leveringsproblemen ontbreken de roze, blauwe en gestampte muisjes in de schappen van de supermarkten.  ( 3 min )
    Tweede Kamer slankt plan minister De Jonge over toewijzen van woningen af
    Gemeenten krijgen niet de optie om woningen die zijn verkocht voor een bedrag tot 355.000 euro toe te wijzen aan mensen met een laag- of middeninkomen. Een ruime Kamermeerderheid veegde dit plan van minister Hugo de Jonge (Volkshuisvesting) dinsdagmiddag van tafel.  ( 4 min )
    Etos-werknemers krijgen loonsverhoging van 10 procent
    De 2.750 werknemers van drogisterijketen Etos krijgen een loonsverhoging van 10 procent. Vakbond FNV en moederbedrijf Ahold Delhaize hebben dinsdag een nieuwe cao afgesloten.  ( 4 min )
    Britse supermarkten zeggen niet te profiteren van hogere prijzen
    De grote Britse supermarktketens ontkennen dat ze de prijzen extra verhogen voor eigen gewin. De bestuursvoorzitters van grootgrutters Tesco, Sainsbury's, Asda and Morrisons moesten dinsdag op het matje komen en zijn op de vingers getikt door Britse parlementsleden.  ( 4 min )
    Hoogste ECB-rente ooit nabij, want reeks verhogingen is nog niet voorbij
    De Europese Centrale Bank zal de rentetarieven in juli waarschijnlijk weer verhogen, zo kondigde ECB-president Christine Lagarde dinsdag aan. Daarmee komt het hoogste renteniveau sinds het begin van de euro in zicht.  ( 4 min )
    Boete en voorwaardelijke celstraf voor voormalige Audi-topman in dieselschandaal
    Voormalig Audi-baas Rupert Stadler hoeft niet de cel in vanwege zijn rol bij het dieselschandaal van moederbedrijf Volkswagen. Hij krijgt wel een voorwaardelijke celstraf van een jaar en negen maanden. Ook moet het oud-bestuurslid van VW 1,1 miljoen euro betalen.  ( 4 min )
    ABN AMRO schroeft rente voor spaarders verder op
    Klanten van ABN AMRO krijgen vanaf 1 augustus 1,25 procent rente op hun spaargeld. Dat is nu nog 1 procent. Dat meldt de bank dinsdag op zijn website.  ( 3 min )
    Mag ik zelf water meenemen als ik ga vliegen?
    Met de zomervakantie voor de deur meldt het bedrijf dat veel winkeltjes op Schiphol runt geen wegwerpflesjes met water meer te verkopen. Daardoor zouden 750.000 plastic flesjes minder weggegooid worden. Maar hoe kom je dan aan water als je gaat vliegen?  ( 4 min )
    Canadese belegger zet bijna zevenduizend Nederlandse huizen te koop
    Een Canadese vastgoedbelegger heeft 6.900 Nederlandse huurwoningen te koop gezet. Het bedrijf wil zich puur op de Canadese huizenmarkt richten, meldt het FD. De kabinetsplannen om de huursector verder te reguleren heeft het minder aantrekkelijk gemaakt om huizen te verhuren.  ( 3 min )
    Kledingwinkel Zalando wil niet als groot techbedrijf bestempeld worden
    Online kledingwinkel Zalando vindt het niet terecht dat de Europese Commissie het bedrijf bestempelt als een zeer groot platform. Daardoor valt de webwinkel vanaf 25 augustus onder een strenge nieuwe Europese wet. Het bedrijf wil dat met een rechtszaak voorkomen.  ( 4 min )
    Werkgevers kunnen niet zomaar toeslagen en vergoedingen schrappen
    Eenzijdig pauzes, toeslagen of kleine vergoedingen schrappen: bedrijven in verschillende sectoren doen dat regelmatig. Het leidt tot onrust op de werkvloer. Maar kunnen werkgevers wel zo eenvoudig arbeidsvoorwaarden schrappen? Nee, zeggen arbeidsrechtdeskundigen.  ( 5 min )
    Ons internet is in vijf jaar tijd flink duurder geworden, maar ook sneller
    We zijn in vijf jaar tijd bijna een kwart meer gaan betalen voor onze tv- en internetaansluiting. Maar ons internet is ook veel sneller geworden, waardoor we in verhouding goedkoper uit zijn.  ( 3 min )
    Deel winkels Schiphol stopt per direct met verkopen van plastic waterflesjes
    Een deel van de winkels op Schiphol stopt per direct met het verkopen van plastic wegwerpwaterflessen. Zo wordt volgens de grootste retailer op de luchthaven het weggooien van 750.000 plastic flesjes voorkomen.  ( 3 min )
    Webshops mogen consument verleiden, maar niet misleiden met valse aftelklok
    Webshops die ten onrechte beweren dat een aanbieding nog maar een paar minuten geldt, zijn daarop aangesproken door toezichthouder ACM. Deze vorm van misleiding is verboden.  ( 3 min )
    Valse aftelklok bij webshops: 'Mag de consument verleiden, maar niet misleiden'
    Webshops die ten onrechte beweren dat een aanbieding nog maar een paar minuten geldt, zijn daarop aangesproken door toezichthouder ACM. Deze vorm van misleiding is verboden.  ( 3 min )
    Deel winkels Schiphol stopt per direct met verkopen van plastic waterflesjes
    Een deel van de winkels op Schiphol stopt per direct met het verkopen van plastic wegwerpwaterflessen. Zo wordt volgens de grootste retailer op de luchthaven het weggooien van 750.000 plastic flesjes voorkomen.  ( 3 min )
    Deel winkels Schiphol stopt per direct met verkopen plastic waterflesjes
    Een deel van de winkels op Schiphol stopt per direct met het verkopen van plastic wegwerpwaterflessen. Op deze manier wordt volgens Schiphol Airport Retail (SAR), met twaalf winkels de grootste retailer op de luchthaven, het weggooien van 750.000 plastic flesjes voorkomen.  ( 3 min )

  • Open

    Nancy Pelosi's husband just snapped up $2.6 million of Apple and Microsoft stock, closing out an options bet that the shares would soar
    Paul Pelosi bought 5,000 shares of both Apple and Microsoft stocks on June 15, exercising 50 call options purchased on May 24, 2022.  ( 7 min )
    Warren Buffett's global market gauge soars to nearly 110%, signaling stocks are overvalued and might crash
    Warren Buffett has cautioned that a spike in the so-called Buffett indicator is a "very strong warning signal" for the stock market.  ( 6 min )
    Top CD Rates Today, June 26, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Ford salaried layoffs coming over next two days, company announces
    With new job cuts, Ford Motor Company says the industry is so dynamic now that it needs to constantly hire and let go employees as technology evolves.  ( 8 min )
    Billionaire investor Ron Baron says inflation will propel major stock gains in the coming decades but everything will be 'twice as expensive'
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    'Deceiving and disgusting': Readers react to the rise of restaurant service fees
    A class-action lawsuit filed against the restaurant group that owns Jon & Vinny's has started a larger conversation on the ethics of service fees and tipping. L.A. Times readers share their thoughts.  ( 9 min )
    Frugal Billionaire Warren Buffett Drives A 2014 Car And Looks For Hail-Damaged Deals
    Warren Buffett's choice of vehicle has become a topic of interest among many people. Renowned for his frugal and simple lifestyle, the billionaire investor drives a 2014 Cadillac XTS. While some billionaires indulge in extravagant cars as a visible symbol of wealth and success, Buffett's preference for older models reflects his unique approach to life and finances. Buffett's frugality and minimalist mindset have been key factors in his tremendous success as an investor. His ability to seek value  ( 8 min )
    Dow Jones Futures: Stock Market Pullback Continues, What To Do Now; Nvidia, Tesla Sell Off
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    Tesla Deliveries Should Hit Another Record In Q2, So Why The Wave Of TSLA Stock Downgrades?
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    Morgan Stanley says commercial real estate will crash harder than during the Great Financial Crisis. Here’s how 5 other top institutions see it playing out
    There’s one thing they can all agree on: Office properties are in trouble.  ( 11 min )
    Stock Market Closes Mixed As Small Caps Led The Day; Swiss Shoe Company Jumps
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    Wells Fargo Predicts up to 125% Rally for These 2 Stocks — Here’s Why They Have Solid Upside
    Even accounting for recent losses, the tech-heavy NASDAQ index is up 28% so far this year, leading the way in an overall bullish market. The surge in the NASDAQ has been fueled by investors gravitating towards tech giants. According to Chris Harvey, head of equity strategy for Wells Fargo, the rally is solid, and it will remain so until the Federal Reserve cranks up interest rates enough to kill it. Harvey notes that inflation, while falling, remains persistently above the central bank’s 2% targ  ( 10 min )
    Market Shrugs Off Wagner Insurrection - These Stocks Could Surge If Putin Is Overthrown
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    Nvidia Stock Is Down. Blame Tesla.
    Nvidia stock was taking it on the chin Monday. There wasn't an obvious cause for the drop, but the EV maker could be the reason.  ( 26 min )
    Why turmoil in Russia could send oil prices even lower
    The developments in Russia have been closely watched, given crude’s volatility in 2022 following Moscow's invasion of Ukraine.  ( 8 min )
    KPMG to cut 5% of US jobs in fresh round of layoffs
    The firm had over 39,000 employees in the U.S. at the end of its last fiscal year on Sept. 30. KPMG, which cut about 2% of its U.S. workforce in February as per a Financial Times report, was the first of the world's four biggest accountancy firms to slash jobs in the country. In April, Ernst & Young's U.S. division shed 5% of its workforce.  ( 6 min )
    Two Whale Wallets Move $3 Million in Bitcoin After 13 Years of Inactivity
    Whales are on the move again, this time shifting 100 Bitcoin from two wallets.  ( 6 min )
    'Bond King' Jeffrey Gundlach rings the alarm on US debt - and warns higher interest rates are making it more of a burden
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    Billionaire Robert Smith’s Firm More Than Doubles Bet on Software Maker With $4.6 Billion Sale
    (Bloomberg) -- Buyout titan Robert Smith’s Vista Equity Partners more than doubled its initial investment in Apptio Inc. after International Business Machines Corp. agreed to acquire the software maker for $4.6 billion.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePrigozhin Denies He Planned Coup, Says Wagner Will SurvivePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinPutin's Biggest  ( 8 min )
    United Airlines Nears Buy Point With 281% Earnings Growth Estimates
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    Aston Martin, Lucid reach EV tech deal, stocks soar
    EV maker Lucid announced a deal with Aston Martin to white label its EV tech as the luxury automaker looks to build out its electric offerings later this decade.  ( 8 min )
    Magellan’s Deal With Oneok Could Derail. Should Berkshire Step In?
    Getting individual investors to vote will be a problem. There also has been criticism because of a big tax bill for longtime holders.  ( 22 min )
    Carnival 'victim of own success' as shares plummet despite earnings beat
    Carnival Corporation shares fell more than 10% on Monday. One analyst says the cruise liner is a victim of its own success.  ( 8 min )
    Analyst Report: Amerisource Bergen Corp.
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    Analyst Report: Kroger Co.
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    Analyst Report: Centerpoint Energy Inc.
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    Florida Sells Bonds to Backstop Its Homeowner’s Insurance Industry
    (Bloomberg) -- A Florida state agency is selling municipal bonds to backstop the state’s homeowner’s insurance industry after a surge of claims and litigation drove some insurers to shutter.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Denies He Planned Coup, Says Wagner Will SurvivePutin's Biggest Mistakes in the Wagner Uprisi  ( 7 min )
    Lucid Stock Jumps on Aston Martin Electric-Vehicle Partnership
    Shares of Lucid Group jumped after Aston Martin Lagonda said it intended to enter a supply deal with the startup to create luxury electric vehicles. California-based Lucid shares were up nearly 5% in afternoon trading aft  ( 21 min )
    Warren Buffett's Sweetest Investment: His Dream Prototype Business Is A Candy Company
    Warren Buffett, the billionaire CEO of Berkshire Hathaway Inc., has made countless successful investments in his lifetime. But when it comes to his favorite investment, you might be surprised to learn that it’s not a tech giant or a blue-chip company but a small candy business called See’s Candies. Despite representing less than 0.1% of Berkshire Hathaway’s holdings, Buffett has repeatedly called it the “prototype of a dream business” and even keeps a box of See's peanut brittle at hand during s  ( 8 min )
    Market Update: ABC, CNP, FL, KR, UTI
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    Billionaire Miner Friedland Warns of a Copper ‘Train Wreck’ as Supply Stalls
    (Bloomberg) -- Copper is poised to follow other commodities upended by recent price surges as the mining industry struggles to expand ahead of accelerating demand, warns the man behind some of the world’s biggest mines.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinWagner Chief Says He Had No Plan to Overthrow Putin’s GovernmentPrigozhin  ( 9 min )
    It'll 'Upset A Lot Of Donors': Elon Musk Mocks Joe Biden's Tweet Calling On The Super Rich To Pay 'Their Fair Share.' Here's How Some Billionaires Pay Less Income Tax Than You
    The fairness of the U.S. tax system has long been debated. Earlier this month, President Joe Biden tweeted, “It’s about time the super-wealthy start paying their fair share.” The message caught the attention of Tesla Inc. CEO and Twitter Inc. owner Elon Musk. “Please give him the password, so he can do his own tweets,” Musk replied, implying that the tweet wasn’t written by the commander in chief himself. But the billionaire business tycoon actually agrees with Biden’s view. “In all seriousness,  ( 9 min )
    Tesla stock drops after Goldman Sachs downgrade
    Goldman Sachs became the latest Wall Street firm to downgrade Tesla stock as analysts react to a more than 100% rally in the stock so far this year.  ( 8 min )
    The stock market's biggest winners are getting downgraded by Wall Street
    Wall Street analysts are downgrading some of the market's best performers -- but that doesn't mean they're downbeat on the outlook for tech.  ( 8 min )
    Carnival Shares Tumble as ‘Solid’ Results Fail to Impress Investors
    (Bloomberg) -- Carnival Corp. shares tumbled by the most in more than seven months after the cruise-ship operator reported quarterly results and an annual forecast that failed to keep pace with the high expectations that had fueled a sharp rally in the stock. Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkrainePutin Faces Historic Threat to Absolute Grip on Power in RussiaSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in De  ( 8 min )
    Carnival Stock Drops on Earnings as Cruise Shares Retreat
    Shares of cruise lines fell Monday after Carnival reported a second-quarter loss. The cruise operator was the S&P 500’s worst performer, shedding about 11%. Even with the daily decline, Carnival's shares have jumped about 25% this month, rising alongside those of rivals Royal Caribbean and Norwegi  ( 21 min )
    Goldman Sachs Plans To Lay Off 125 Managing Directors Worldwide: Report
    Goldman Sachs Group Inc (NYSE: GS) reportedly has begun laying off managing directors globally. Goldman has started cutting managing directors across the globe as the firm reduces its headcount amid deals slump, reported Bloomberg, citing people familiar with the matter. Around 125 MDs, including some in investment banking, will lose their jobs, stated the source. Related: Goldman Sachs Sees Ghosts of Stagflation, Warns of Tight Times Ahead Investment banks have been reducing the headcount, as t  ( 7 min )
    Supreme Court Rebuffs Apple in Billion-Dollar Caltech Patent Case
    Broadcom and Apple now face trial over how much they owe university for patent infringement.  ( 28 min )
    Lucid Stock Soars Off Lows On EV Deal With British Luxury Icon; Startup Peer Nikola Sinks
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    FibroGen Crashes To Its Lowest-Ever Point On A Second Failure For Its Lead Drug
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    JPMorgan board member Jim Crown dies in an accident
    JPMorgan Chase & Co. board member Jim Crown died on Sunday in an accident, it said in a memo from JPMorgan's CEO Jamie Dimon which was seen by Reuters. "He was an integral part of JPMorgan Chase and our lives, and his presence will be deeply missed," Dimon said in a message to the board of directors. Crown, 70, was also the chairman and chief executive officer of Henry Crown and Co, a privately owned company that invests in public and private securities, real estate, and operating companies.  ( 6 min )
    Carnival Stock Tanks Despite Record Cruise Bookings
    The company posted a narrower-than-expected loss for its second quarter, beating Wall Street estimates.  ( 22 min )
    Ford job cuts hit contract workers, salaried employee layoffs to follow
    Contract workers were notified late Friday that it was their last day of work. Ford also plans to lay off salaried employees as soon as Monday.  ( 8 min )
    Virgin Galactic Goes to Space This Week. You Can Watch the Flight.
    Virgin Galactic announces it will be flying to the edge of space on Thursday.  ( 22 min )
    Moderna Stock Is a Buy. The Pipeline Is Underappreciated, Says Analyst.
    UBS analyst Eliana Merle upgraded Moderna stock to Buy from Neutral, but trimmed the price target. The Covid and RSV businesses alone are worth $123 a share, she says.  ( 23 min )
    Warren Buffett and Ken Griffin Have One Thing in Common: They Both Like These 2 “Strong Buy” Stocks
    Following in the footsteps of one of Wall Street’s investing giants is a well-known strategy for those looking for alpha in the markets. But is there a better blueprint out there? There is! Tracking the moves of not one, but two investing legends. And when two stock pickers with almost unrivaled success are seen leaning into the same names, surely investors are keen to find out why they are piquing the interest of the leaders in the field. In this case, we’re talking about Warren Buffett and Ken  ( 10 min )
    Supreme Court to Hear Case That Could Block Democrats’ Plans to Tax the Rich
    The court said it would decide a case that asks whether people and companies have to receive, or realize, income for it to be taxed under the 16th Amendment.  ( 29 min )
    UnitedHealth Seals All-Cash Deal to Buy Amedisys for $101 a Share
    The acquisition for the healthcare-service provider is worth $101 a share.  ( 22 min )
    Banks face their worst losses since the 2008 crisis if inflation cannot be tamed, says the world’s brain trust of central bankers
    The Bank for International Settlements, the central bank to the world, warned unsustainable debt levels mean the global economy is not out of the woods.  ( 7 min )
    Google Stock Downgraded On Views AI Changes To Search Will Slow Ad Growth
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    Why Mutual Fund Darling And Top 1% Stock MoonLake Immunotherapeutics Nearly Doubled
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    Carnival: Fiscal Q2 Earnings Snapshot
    MIAMI (AP) — Carnival Corp. (CCL) on Monday reported a loss of $407 million in its fiscal second quarter. The Miami-based company said it had a loss of 32 cents per share. The results beat Wall Street expectations.  ( 6 min )
    These Drilling Stocks Could Be Gushers as the Oil Industry Rebounds
    The industry looks headed for a major rebound, defying expectations of a long-term decline. Stocks such as Diamond Offshore Drilling and Noble could surge 50% or more.  ( 23 min )
    Dow Jones Futures Dip After Last Week's Losses; Tesla Stock Slides On Another Downgrade
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    Which Americans Pay the Most Taxes?
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    Pfizer Sells Off After Discontinuing Weight Loss Drug
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    Federal Reserve's message to the bullish stock market: We will break you
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    PacWest Bancorp Stock Jumps as Ares Buys $3.5 Billion of Loans
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    Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. Over the past month, PacWest has also sold its real estate lending unit and a huge chunk of its real estate loans. Shares of the bank were up 2.4% at $7.23 in premarket trading.  ( 6 min )
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    Enterprise Products- "Buy and Hold Forever"
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    Treasury Bill Barrage Is Just a Prelude to Longer-Term Debt Deluge
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    Stock futures slip as market weighs Russia mutiny: Stock market news today
    Stock futures pointed to a slightly lower open on Monday, as investors considered what the weekend's short-lived challenge to Putin by armed mercenaries in Russia means for markets.  ( 7 min )
    Aston Martin deepens Saudi ties with £182m electric car deal
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    China’s Top Traders Set Oil Markets Spinning in Middle East Play
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    Shake Shack Stock Blows Through the Roof. 23andMe Tumbles.
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    Two More China Builders Say They Can’t Meet Debt Obligations
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    Aston Martin turns to US EV company Lucid for high-tech help
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    Rouble tumbles to 15-month low after failed coup against Putin - latest updates
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    Exclusive-Deutsche Bank tells investors some of their Russian shares are missing
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    JD.com Creates Groceries Arm as Rival Alibaba Weighs Spinoffs
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    State handouts and money printing responsible for inflation crisis, says top central banker
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    Big US banks to fare well in annual health checks despite spring turmoil
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    This Bull Market Is Just Getting Started, Traders Bet
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    China’s ‘Tesla Killer’ Stumbles as EV Price War Takes Toll
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    India's Infosys signs $454-million deal with Danske Bank
    BENGALURU (Reuters) -India's second-largest IT services firm Infosys said on Monday it was selected by Denmark-based Danske Bank as a partner to accelerate the lender's digital transformation. The deal is valued at $454 million for five years with an option to renew for one additional year for a maximum of three times, Infosys said in a statement. "This is backed by significant investments in digitalisation and technology, including plans to further develop our customer-facing digital solutions, and modernising our technology infrastructure to enable even better customer experiences and drive operational efficiency," said Frans Woelders, chief operating officer of Danske Bank, in a statement.  ( 6 min )
    Yuan Weakens to 7-Month Low Despite China’s Move to Stem Decline
    (Bloomberg) -- China set its daily reference rate for the yuan at a stronger-than-expected level to slow its slide, as the managed currency weakened in the offshore market while there was a holiday on the mainland.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineRussia Latest: Kremlin Says It G  ( 6 min )
    10 Biggest Silver Mining Companies
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    Chip Startup Rides AI Frenzy to Become Top-Gaining Topix Stock
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    Bitcoin treads water above US$30,000; SEC approves first leveraged Bitcoin futures ETF
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    Bond Traders Are Heeding Powell's Pledge to Stay on Volcker Path
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  • Open

    Short Gold ETF Defined
    A short gold ETF is an exchange-traded fund (ETF) that seeks to profit from a decline in the price of gold.  ( 23 min )
    Money Market Account vs. High-Yield Checking Account
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    Apple Bank Savings Account Interest Rates: June 2023
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    Apple Bank CD Rates: June 2023
    Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 18 min )
    Top CD Rates Today, June 26, 2023
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    Foreign Savings Account
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    Trading Psychology: Why Behavior Matters for Traders
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    Real Inflation Could Be Just 2.78%
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    Dow Jones Today: Index Ticks Up Despite Tech Tumble
    The Dow Jones Industrial Average seesawed throughout the day to finish essentially unchanged after breaking a three-week winning streak last Friday.  ( 16 min )
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    Modified Internal Rate of Return (MIRR) vs. Regular Internal Rate of Return (IRR)
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    Markets Open Last Week of Q2 in the Red as Tech Stocks Slide
    Markets Open Last Week of Q2 on Monday, June 26 in the Red as Tech Stocks Slide.  ( 16 min )
    Meta Platforms Launches Subscription Service for VR Gamers
    Meta Platforms launched a VR gamer subscription service that costs $7.99 a month, or $59.99 for a full year in a move that could boost its revenue stream.  ( 16 min )
    Biden Administration Launches $42 Billion Investment in High-Speed Internet
    President Biden on Monday unveiled a $42 billion effort to provide more than 8.5 million households with high-speed internet access.  ( 17 min )
    Carnival Shares Plunge After Outlook Misses Expectations as Costs Rise
    Carnival shares sank on Monday after the company's current quarter profit outlook missed expectations as costs climbed.  ( 17 min )
    About 74% of $8.7B Owed by FTX to Customers was in Fiat and Stablecoin Funds
    Bankrupt cryptocurrency exchange FTX owes $8.7 billion to its customers, mostly in misappropriated fiat and stablecoin funds but the new management has managed to recover $7 billion in liquid assets.  ( 17 min )
    Vanguard Makes the Case for Muted Expectations in the Future
    Roger Aliaga-Diaz of The Vanguard Group joins The Express to explain why investors should lower their expectations for future stock returns, and how to build a balanced portfolio now to withstand the next few years of high interest rates.  ( 18 min )
    What Is the Confederation of British Industry (CBI)?
    The Confederation of British Industry is the premier lobbying organization for U.K. businesses on national and international issues.  ( 19 min )
    Personal Loan Rates & Trends, Week of June 26: Rates Remain Steady
    Personal loan rates decreased slightly this week to 21.37%, a drop of a single basis point since last week when the average personal loan rate sat at 21.38%.  ( 17 min )
    GEMM: Government Broker in the U.K.
    A government broker is a British stockbroker who works for the U.K. government and purchases and sells government securities on the London Stock Exchange.  ( 19 min )
    Russia's Political Instability Increases Risks To Fragile Global Economy
    On Monday, markets were digesting the implications of a Russian mercenary commander’s aborted attempt to capture Moscow over the weekend.  ( 18 min )
    UnitedHealth Buys Amedisys for $3.3 Billion
    UnitedHealth Group outbid Option Care's offer to buy home healthcare provider Amedisys.  ( 17 min )
    Financial Times Stock Exchange Group (FTSE): Definition
    Financial Times Stock Exchange Group (FTSE) is a British company specializing in index offerings for the global financial markets.  ( 21 min )
    Taylor Swift's Net Worth and Business Empire Explained
    Taylor Swift has amassed a net worth of an estimated $570 million, thanks to record-breaking concert ticket and album sales, as well as a sprawling real estate empire.  ( 22 min )
    Does Insurance Cover Gender-Affirming Care?
    Whether or not your insurance plan covers a specific gender-affirming treatment depends on your state, employer, and the plan’s benefits.  ( 28 min )
    Ryan Reynolds Net Worth and Business Empire Explained
    Hollywood star Ryan Reynolds, best known for his work as Deadpool, is also an entrepreneur who has earned millions of dollars from his business ventures.  ( 22 min )
    Payroll Card: Benefits for Employers and Employees
    A payroll card is a prepaid card employers can use to pay an employee's wages or salary each payday.  ( 19 min )
    Markets Little Changed Midday to Start the Last Trading Week of 2023's First Half
    U.S. equities were little changed at midday on Monday, June 26, 2023 heading into the last trading week of the month, quarter, and first half.  ( 16 min )
    CFD vs. Spread Betting: What's the Difference?
    Compare and contrast CFDs and spread betting, which offer significant market exposure with a small initial deposit.  ( 22 min )
    Pfizer Shares Slide After Ending Study of Obesity Drug
    Pfizer shares fell after ending development of an oral treatment for obesity and diabetes.  ( 16 min )
    Rates Essentially Flat on Most Mortgage Types
    Mortgage rates showed minimal movement Friday, with most averages holding steady or edging up just a basis point or two. The jumbo 30-year average was flat for a fourth day.  ( 19 min )
    How to Read the Michigan Consumer Sentiment Index
    The Michigan Consumer Sentiment Index has provided a key leading indicator for investors and economists for decades. This respected index is published monthly from the results of random telephone surveys.  ( 20 min )
    Lucid Shares Surge After Tech Partnership With Aston Martin
    A first of its kind agreement for Lucid allows the electric-vehicle maker to act as a supplier and diversify its revenue stream.  ( 17 min )
    PacWest Shares Gain as the Bank Sells off $3.5 Billion in Loans
    PacWest shares gained close to 7% in early trading on Monday after announcing it would sell a $3.5 billion loan portfolio to Ares Management.  ( 17 min )
    OPEC Forecasts 23% Rise in Global Oil Demand Through 2045
    The Organization of the Petroleum Exporting Countries on Monday said global oil demand will rise 23% to 110 million barrels per day by 2045 as the global economy doubles in size.  ( 17 min )
    IBM Buys Software Company Apptio for $4.6 Billion
    IBM announced today that it aims to acquire software provider Apptio as its latest push into cloud-computing and AI technology.  ( 17 min )
    Bursary Award
    A bursary award is provided to students to help cover college-related expenses in the U.K. and Canada.  ( 20 min )
    How to Save on Health Insurance
    Health insurance premiums can be expensive, but there are ways to save money. Check out our tips for reducing your health insurance costs and find top insurers.  ( 21 min )
    Cycle Billing Definition
    Cycle billing is a bookkeeping strategy that involves invoicing customers on different days of the month, based on a schedule, versus billing every customer on the same day.  ( 19 min )
    How to Get Health Insurance Without a Job
    Health insurance is essential, but getting the coverage while you’re unemployed can be difficult. Learn how to get health insurance without a job and stay covered.  ( 23 min )
    How Much Is Personal Trainer Insurance?
    The average monthly cost of general liability insurance for a personal trainer is about $34, but premiums vary based on several factors, including the company you choose.  ( 22 min )
    5 Risky Mortgage Types to Avoid
    There are plenty of ways to end up with a bad mortgage. The risks of these five should make every home buyer think twice before signing.  ( 23 min )
    How Much Does Cleaning Business Insurance Cost?
    The average monthly cost of insurance for cleaning companies ranges from $96 to $114, based on data from leading commercial insurance marketplace Insureon.  ( 20 min )
    Pure Yield Pickup Swap Definition
    A pure yield pickup swap happens when bonds with lower returns and shorter maturity rates are swapped for higher-return, longer-maturity bonds.  ( 19 min )
    Return on New Invested Capital (RONIC) Definition
    Return on new invested capital (RONIC) is a calculation used to determine the expected rate of return for deploying new capital on projects and services.  ( 18 min )
    5 Things to Know Before Markets Open
    Lucid shares surged after announcing a deal with luxury automaker Aston Martin, and Tesla shares fell as Goldman Sachs analysts join others in downgrading the stock. Here’s what investors need to know today.  ( 17 min )
    Rate Level Risk Definition
    Rate level risk is the probability that an interest-bearing asset will lose value if market interest rates increase above its coupon rate.  ( 18 min )
    Who Is Dambisa Moyo?
    Zambian-born economist Dambisa Moyo has written about macroeconomics and global affairs and served on the boards of Chevron, 3M, Condé Nast, Barclays.  ( 23 min )
    Delta-Gamma Hedging: Definition, How It Works, Example
    Delta-gamma hedging is an options strategy combining delta and gamma hedges to reduce the risk of changes in the underlying asset and in delta itself.  ( 19 min )
    Capitalize: What It Is, What It Means When a Cost Is Capitalized
    To capitalize is to record a cost/expense on the balance sheet for the purposes of delaying full recognition of the expense. In general, capitalizing expenses is beneficial as companies acquiring new assets with long-term lifespans can amortize the costs.  ( 24 min )
    Term Deposit vs. Demand Deposit: What's the Difference?
    Understand the meaning of demand deposits and term deposits, and learn about the major differences between the two.  ( 25 min )
    Interchange
    An interchange is the transfer of information between computers. Within business circles, it typically refers to an electronic data interchange, or EDI.  ( 21 min )
    Foreign Transaction Fee: Definition, How They Work, and Example
    A foreign transaction fee is a 1%–3% charge for transactions made using a domestic payment card in a foreign country.  ( 22 min )
    10 Biggest Companies in the World
    With Walmart leading the pack, these are the 10 biggest companies in the world as measured by 12-month trailing revenue.  ( 22 min )
    Society for Worldwide Interbank Financial Telecom. (SWIFT)
    Society for Worldwide Interbank Financial Telecommunications is a cooperative providing secure messaging for fund transfers across national borders.  ( 21 min )
    10 Biggest Silver Mining Companies
    With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 20 min )
    Convenience Fee: Definition, Examples, and How To Avoid Them
    A convenience fee is charged when a consumer pays with an electronic payment card rather than by cash, check, or Automated Clearing House (ACH) transfer.  ( 22 min )
    Foreign Bank Branch: Definition, Example, Vs. Subsidiary
    A foreign bank branch is a branch or an outpost of a larger bank that operates in foreign locations.  ( 20 min )
    American Recovery and Reinvestment Act (ARRA): Objectives and FAQs
    The American Recovery and Reinvestment Act of 2009 (ARRA) was legislation passed by the U.S. Congress to reverse unemployment caused by the Great Recession of 2008.  ( 26 min )
  • Open

    Meta Platforms Launches Subscription Service for VR Gamers
    Meta Platforms launched a VR gamer subscription service that costs $7.99 a month, or $59.99 for a full year in a move that could boost its revenue stream.  ( 1 min )
    Carnival Shares Plunge After Outlook Misses Expectations as Costs Rise
    Carnival shares sank on Monday after the company's current quarter profit outlook missed expectations as costs climbed.  ( 1 min )
    UnitedHealth Buys Amedisys for $3.3 Billion
    UnitedHealth Group outbid Option Care's offer to buy home healthcare provider Amedisys.  ( 1 min )
    PacWest Shares Gain as the Bank Sells off $3.5 Billion in Loans
    PacWest shares gained close to 7% in early trading on Monday after announcing it would sell a $3.5 billion loan portfolio to Ares Management.  ( 1 min )
    IBM Buys Software Company Apptio for $4.6 Billion
    IBM announced today that it aims to acquire software provider Apptio as its latest push into cloud-computing and AI technology.  ( 1 min )
    Pfizer Shares Slide After Ending Study of Obesity Drug
    Pfizer shares fell after ending development of an oral treatment for obesity and diabetes.  ( 1 min )
    Lucid Shares Surge After Tech Partnership With Aston Martin
    A first of its kind agreement for Lucid allows the electric-vehicle maker to act as a supplier and diversify its revenue stream.  ( 1 min )
  • Open

    Amazon kan Nederlandse massaclaim tegemoetzien vanwege privacyschending
    Webwinkelgigant Amazon verdient meer geld aan de persoonsgegevens van klanten dan de verkoop van producten, volgens Stichting Data Bescherming Nederland. De claimstichting eist namens alle Nederlandse gebruikers een schadevergoeding, omdat het techbedrijf op grote schaal hun privacy zou schenden.  ( 4 min )
    Mensen met een beperking vallen nog steeds buiten de boot op de arbeidsmarkt
    Mensen met een arbeidsbeperking staan ondanks de grote vraag naar personeel nog vaak aan de kant. Hoewel er de laatste tijd veel regelingen en afspraken zijn gemaakt om meer mensen met een beperking aan het werk te krijgen, is dit nog lang niet altijd terug te zien in de praktijk.  ( 3 min )
    Brabants stroomnet heeft komende jaren geen plek voor nieuwe grootverbruikers
    Brabantse bedrijven en instellingen die veel elektriciteit verbruiken kunnen de komende vijf tot tien jaar geen nieuwe stroomaansluiting meer krijgen. De druk op het elektriciteitsnet is te hoog en netbeheerder Enexis zegt al heel veel aanvragen te hebben.  ( 4 min )
    Overtollige zonnestroom wordt minder waard voor klanten bij Vattenfall
    Energieleverancier Vattenfall halveert de vergoeding aan klanten voor overtollige zonne-energie. Vanaf 1 augustus krijgen zij geen 17 cent meer, maar afgerond 8 cent per kilowattuur. Het bedrijf laat weten dat er te veel stroom wordt teruggeleverd voor de vergoeding.  ( 3 min )
    Lenen, rood staan en kopen op krediet wordt mogelijk duurder
    Wie vanaf volgende maand een lening afsluit, gaat mogelijk meer rente betalen. Ook ben je wellicht meer geld kwijt aan rood staan en kopen op afbetaling. Oorzaak is dat de maximaal toegestane rente omhooggaat. Dat heeft het ministerie van Financiën besloten.  ( 3 min )
    Rekenkamer: Onzeker of EU klimaatdoelen gaat halen, meer transparantie nodig
    Het is maar zeer de vraag of de Europese Unie haar klimaatdoelen voor 2030 gaat halen. Het is onduidelijk of de EU-lidstaten voldoende maatregelen nemen, wat die eigenlijk kosten en wie ervoor betaalt.  ( 4 min )
    Verbod op zoete smaakjes in e-sigaretten is met maanden uitgesteld
    Vapers die graag smaken als appeltaart of sorbet roken, hebben een paar maanden langer de tijd voordat deze rookwaren van de markt verdwijnen. Het ministerie van Volksgezondheid schuift het verbod op smaakjes op naar 1 januari 2024. Daarna mag er alleen nog tabakssmaak verkocht worden.  ( 3 min )
    Turkse lira bereikt nieuw dieptepunt
    De Turkse lira is maandag naar een dieptepunt gezakt ten opzichte van de Amerikaanse dollar. 1 dollar was op het laagste punt 26,05 lira waard. Daarmee is de waarde van de Turkse munt dit jaar al 28 procent gedaald.  ( 3 min )
    Helft Nederlanders heeft nog tarieven boven prijsplafond voor stroom en gas
    Nog altijd betaalt ongeveer de helft van de Nederlanders meer dan het prijsplafond voor stroom en gas. Dat aantal is wel een stuk kleiner dan aan het begin van het jaar, toen nog ruim 70 procent erboven zat.  ( 3 min )
    Brit die Geert Wilders en Joe Biden hackte krijgt vijf jaar cel in VS
    Een Britse hacker is door de rechtbank in San Francisco veroordeeld tot een gevangenisstraf van vijf jaar. De 23-jarige cybercrimineel krijgt de straf onder meer voor de digitale inbraak bij Twitter in 2020. Daarbij nam hij de accounts van onder anderen politicus Geert Wilders over.  ( 4 min )
    Helft Nederlanders heeft nog tarieven boven prijsplafond
    Nog altijd betaalt ongeveer de helft van de Nederlanders meer dan het prijsplafond voor stroom en gas. Dat aantal is wel een stuk kleiner dan aan het begin van het jaar, toen nog ruim 70 procent erboven zat.  ( 3 min )
    Handelsbedrijf Groninger gas blijft twee jaar langer bestaan
    GasTerra, dat zich bezighield met de handel en het leveren van Gronings gas, sluit niet in 2024 de deuren, maar pas in 2026. Dat heeft het gashandelsbedrijf dat voor de helft in handen is van de Staat en voor de andere helft van Shell en ExxonMobil, bekendgemaakt.  ( 3 min )
    Russische roebel zakt na opstand Wagner naar laagste niveau sinds begin oorlog
    De Russische roebel is maandag met 3 procent gedaald ten opzichte van de dollar, nadat een aanval van Wagner-huurlingen zaterdag op het laatste moment was voorkomen. Het is voor het eerst sinds maart 2022 dat de koers van de munt zo laag is.  ( 4 min )
    Russische roebel minder waard na opmars Wagner Group
    De Russische roebel is maandag met 3 procent gedaald ten opzichte van de dollar, nadat een aanval van Wagner-huurlingen zaterdag op het laatste moment was voorkomen. Het is voor het eerst sinds maart 2022 dat de koers van de munt zo laag is.  ( 4 min )
    Russische aandelen lijken Duitse aandeelhouders te zijn ontglipt
    Deutsche Bank heeft aan klanten laten weten dat de bank geen garanties meer kan bieden over hun Russische aandelen. Het gaat om zogeheten waardepapieren die garant staan voor het aandelenbezit.  ( 3 min )
    Aantal vergunningen voor tijdelijke woningen steeg flink in 2022
    Er zijn vorig jaar veel meer vergunningen voor tijdelijke woningen afgegeven dan een jaar eerder. Vooral arbeidsmigranten en vluchtelingen kregen vaker een tijdelijke woning aangeboden.  ( 3 min )
    ING verhelpt storing waardoor het leek alsof klanten dubbel betaalden
    Klanten van de ING-bank zagen zaterdag en zondag dubbele afschriften in hun betalingsoverzicht staan als ze hadden afgerekend met een pinpas. Dat kwam door een storing bij de bank, die inmiddels is opgelost.  ( 3 min )
    Wat doet en verdient iemand bij de brandweer?
    Bij de brand in Arnhem werd pijnlijk duidelijk hoe het werk van de brandweer als gevolg van de energietransitie is veranderd. De brandweer weet dat allang. Maar wij hebben nog niet zo door hoe hun werk beïnvloed wordt doordat wij vaker elektrisch rijden en we onze huizen veranderen in mini-energiecentrales.  ( 5 min )
    Jongere wil vrijheid in vakantiewerk: elke dag een ander baantje
    Zijn jongeren anno 2023 alleen maar bezig met hun influencercarrière? Niets is minder waar. Ze steken deze zomer gewoon echt de handen uit de mouwen. Werkgevers moeten wél flink hun best doen om scholieren en studenten te strikken.  ( 6 min )
    Jongere steekt in vakantie handen uit de mouwen als bezorger of schoonmaker
    Zijn jongeren anno 2023 alleen maar bezig met hun influencercarrière? Niets is minder waar. Ze steken deze zomer gewoon echt de handen uit de mouwen. Werkgevers moeten wél flink hun best doen om scholieren en studenten te strikken.  ( 6 min )
  • Open

    Markets Open Last Week of Q2 in the Red as Tech Stocks Slide
    Markets Open Last Week of Q2 on Monday, June 26 in the Red as Tech Stocks Slide.  ( 1 min )
    Markets Little Changed Midday to Start the Last Trading Week of 2023's First Half
    U.S. equities were little changed at midday on Monday, June 26, 2023 heading into the last trading week of the month, quarter, and first half.  ( 1 min )
    5 Things to Know Before Markets Open
    Lucid shares surged after announcing a deal with luxury automaker Aston Martin, and Tesla shares fell as Goldman Sachs analysts join others in downgrading the stock. Here’s what investors need to know today.  ( 1 min )

  • Open

    Western Account Definition
    A western account is an agreement among underwriters (AAU) in which each party shares responsibility for only a specific portion of the new issuance.  ( 17 min )
    What Is an Example of a Profit and Loss (P&L) Statement?
    Understand the basics of a profit and loss (P&L) statement, and how it helps investors evaluate a company's financial condition and future growth.  ( 19 min )
    Cash Flow Financing: Definition, How It Works, Advantages
    Cash flow financing is a form of financing in which a loan made to a company is backed by the company's expected cash flows.  ( 19 min )
    Mortgage Equity Withdrawal (MEW) Definition
    Mortgage equity withdrawal (MEW) refers to the removal of equity from the value of a home through a loan against the market value of the property.  ( 18 min )
    Portfolio Entry Definition
    A portfolio entry is a listing of all liabilities a reinsurer is responsible for when it enters into a reinsurance treaty.  ( 17 min )
    Middle Class: Definition and Characteristics
    The middle class refers to individuals who fall between the working class and the upper class. Those in the middle class often are employed as professionals, managers, and civil servants.  ( 22 min )
    Simultaneous Closing (SIMO)
    Simultaneous closing is a real estate financing strategy in which two simultaneous transactions occur during the closing on a single property.  ( 17 min )
    Guinea Franc (GNF) Definition
    GNF, or the Guinea franc, is the currency of the Republic of Guinea.  ( 19 min )
    How to Get Market Segmentation Right
    Effective market segmentation not only identifies the most profitable customers—it also optimizes pricing, distribution, and new product development.  ( 25 min )
    Injunction Definition, Types, How to Obtain One, Example
    An injunction is a court order requiring a person or entity to either do or cease doing a specific action.  ( 19 min )
    Deactivating or Canceling a Netspend Card
    Canceling or deactivating a Netspend card is a much easier process than signing up, and only requires a call, a check request, or an ATM withdrawal.  ( 20 min )
    Comparative Negligence: Definition, Types, and Examples
    Comparative negligence is a principle of tort law commonly used to assign blame and award monetary damages to injured parties in auto accidents.  ( 19 min )
    Can You Fund a 529 Plan With a CD?
    Saving for college is a major investment that can span years. CDs can take several years to mature. So can you use CDs to fund a 529?  ( 22 min )
    Venture Capitalists Definition: Who Are They and What Do They Do?
    A venture capitalist (VC) is an investor that provides capital to new businesses, typically startups with high growth potential, in exchange for an equity stake.  ( 25 min )
    Square vs. Stripe: What's the Difference?
    Square and Stripe are transforming payment processing. Square is primarily used for in-person payments and Stripe is used primarily for Internet transactions.  ( 21 min )
    Harmonic Mean Definition: Formula and Examples
    The harmonic mean is a type of numerical average that is used in finance to average multiples like the price-to-earnings ratio.  ( 22 min )
    How Do Netspend Cards Work?
    Learn how Netspend prepaid debit cards work and if they are right for you. Protect yourself and your finances by understanding the details.  ( 21 min )
    Cooperation Clause Definition
    The cooperation clause in an insurance contract requires the policyholder to assist the insurer in the event a claim is filed against the policy.  ( 20 min )
    Red Ink Definition
    Red ink is financial jargon describing the red coloring of accounting entries used to denote losses or negative outcomes.  ( 18 min )
    How to Find a Mortgage Broker
    A mortgage broker can work with you to choose the right lender and assist in the application process. Here is how to find a mortgage broker.  ( 22 min )
    Michael Jordan Is Selling His Majority Stake in the Hornets—Here’s Jordan’s Net Worth
    NBA legend Michael Jordan is selling his majority stake in the Charlotte Hornets for an estimated $3 billion. One of the best basketball players in NBA history, Jordan has a net worth of $2 billion as of 2023, thanks to lucrative endorsements such as Nike and the Jordan Brand, and other business ventures.  ( 19 min )
    Top Energy ETFs for 2023
    Fidelity MSCI Energy Index ETF has the lowest fees, SPDR S&P Oil & Gas Equipment Services ETF has the best return, and Energy Select Sector SPDR Fund is the most liquid  ( 21 min )
    Warren Buffett's Bear Market Maneuvers
    This esteemed investor rarely changes his long-term investing strategy, no matter what the market does.  ( 22 min )
    Customer Information File (CIF): Definition and Uses in Banking
    A customer information file (CIF) in banking is a computerized record of a customer's relevant personal and account data.  ( 21 min )
  • Open

    Oil climbs on concerns Russia political issues may impact supply
    Oil prices rose in early Asian trade on Monday after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world's largest producers. U.S. West Texas Intermediate (WTI) crude was at $70.04 a barrel, up 88 cents, or 1.3%. However, the challenge has raised questions about President Vladimir Putin's grip on power and concerns about possible disruption of Russian oil supply.  ( 7 min )
    Oil Advances After Russian Mutiny Rattles Major OPEC+ Producer
    (Bloomberg) -- Oil climbed as investors weighed the fallout from an attempted mutiny in Russia against Vladimir Putin’s almost quarter-century rule, while concerns over a global slowdown remained.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyRussia Latest: Biden, Zelenskiy Discuss US Aid in  ( 6 min )
    China refiners stoke petchem glut in market share war as demand flags
    China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. In an ominous sign for producers of the chemicals used in plastic packaging, polyester clothing and auto parts, refiners' profit margins on processing naphtha to make ethylene turned negative last week for the first time since October. The profit crunch is being driven by China's refiners boosting output of olefins such as ethylene to offset an expected decline in sales of petrol and diesel as electric vehicle take-up accelerates.  ( 7 min )
    Oil, US Stock Futures Edge Up, Currencies Steady: Markets Wrap
    (Bloomberg) -- Oil and US equity futures edged higher Monday while major currencies traded within narrow ranges versus the dollar in the wake of a mutiny that challenged Vladimir Putin’s rule in Russia.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyRussia Latest: Biden, Zelenskiy Discuss US  ( 9 min )
    ‘When Overbought Is Bullish’: Oppenheimer Sees S&P Uptrend Reaching 4,600 — Here Are 2 ‘Strong Buy’ Stocks to Bet on It
    Investors will never stop looking for the best time to enter or exit the markets, but it is a very difficult move to get right. As fabled investor Peter Lynch has put it, “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” With this in mind, Ari Wald, the Head of Technical Analysis at Oppenheimer says a better way to assess where the market is at is to follow the trend. More specifically, from a  ( 10 min )
    Marketmind: Russian turmoil tests safe-haven demand
    Asian markets on Monday kick off what looks like a pretty light week for regional economic, policy and corporate drivers, with all eyes on how investors react to the extraordinary events in Russia over the weekend. It is unclear what the immediate impact of Russian mercenaries' advance on Moscow, retreat and apparent deal with President Vladimir Putin will be on risk appetite and demand for traditional 'safe haven' assets like gold, Treasuries, the Japanese yen or the U.S. dollar. These assets would likely have attracted strong investor demand first thing on Monday morning had the Wagner group's march on Moscow continued.  ( 7 min )
    Rattled housing market prompts reversal on 2023 forecasts with home prices and rents now expected to fall
    No content preview
    When bears on Wall Street say bullish things
    In recent weeks, strategists across Wall Street have revised up their year-end targets for the S&P 500. These updated calls incorporate the improving outlook for earnings, expectations for the Fed to soon dial back hawkish monetary policy, and the fact that stock prices have mostly gone up since the beginning of the year.  ( 11 min )
    Nike, Walgreens, and Micron Stock, Banks, Inflation, and More This Week
    Earnings reports from Nike, General Mills, Carnival, Micron, Walgreens, and more. Plus, core PCE inflation data and Federal Reserve bank stress test results.  ( 22 min )
    Apollo Global leads debt investment in chipmaker Wolfspeed - media
    The financing would make $1.25 billion of cash available immediately to Wolfspeed, while another $750 million could be drawn later, Bloomberg News reported. In September last year, Wolfspeed said it will build a multi-billion dollar factory in Chatham County, North Carolina, to make the raw materials used for chips that power things like electric vehicles as demand surges. Apollo Global Management and Wolfspeed did not immediately respond to requests for comment.  ( 6 min )
    Our early-adopters index examines how corporate America is deploying AI
    Companies of all stripes are using the technology  ( 11 min )
    The AI craze is blurring these 4 serious economic threats to the US. Here's a closer look.
    No content preview
    A messaging app startup that raised $200M from SoftBank and others is shutting down because 95% of its users were fake
    IRL hit a $1.2 billion valuation a few years ago and boasted of its "unicorn status."  ( 7 min )
    Dow Jones Futures Loom: Time To Buy These 5 Stocks Amid Market Pullback?
    No content preview
    Tipranks’ ‘Perfect 10’ List: These Top-Rated Dividend Stocks Yield Up to 10%
    We’re in the midst of a general bullish trend, with strong year-to-date gains, but last week saw a brake on that rally, with a losing week across the main indexes. Call it a warning sign. While sentiment remains solid, the headwinds are gathering. The Federal Reserve held interest rates steady in its June meeting, after more than a year of hikes to combat inflation, but inflation, while down to 4% annualized, is still double the target rate. Conventional wisdom says that the Fed isn’t done hikin  ( 11 min )
    Inflation, consumer confidence, Nike: What to know this week
    After a bump in the 2023 stock market rally to end last week, investor focus will remain on how economic data might impact the Fed's next interest rate decision in the week ahead.  ( 10 min )
    Gen Z is expecting a 40-year retirement. Good luck, experts say
    Not only do Zoomers think they’ll retire at 60 on average, but 2 in 5 of them also expect to live to 100.  ( 9 min )
    Amazon may be the largest US retailer in 2024, according to J.P. Morgan analysts
    Amazon is set to hit a major milestone in 2024: Becoming the largest retailer in the US, according to J.P. Morgan analysts.  ( 8 min )
    Where Stock Market Is Headed After Wild First Half: Five Charts
    (Bloomberg) -- As a dizzying first half for US stocks draws to a close, the Nasdaq 100 Index is poised for its best opening six months to a year ever, and Wall Street is growing concerned that the Federal Reserve will derail the rally.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinySilence Cloaks the Kremlin After Russian Mutiny Against PutinWagner  ( 8 min )
    Basket case Britain is back – and a recession is inevitable
    Last week was the first time for quite a while that I have heard people using the expression “basket case Britain”. It was the latest inflation numbers that prompted this reaction.  ( 8 min )
    Americans Think They Need to Save This Much to Retire. But Do They Really?
    If $1 million was once the consensus target for retirement savings in the U.S., that appears to be changing. A recent Schwab Retirement Plan Services survey found that 401(k) plan participants across the country now believe they must save $1.9 … Continue reading → The post 401(k) Plan Participants Say They Need to Save This Much to Retire appeared first on SmartAsset Blog.  ( 8 min )
    This Loophole Could Help You Want Buy More than $10,000 in I Bonds
    In a world where the stock market is unpredictable and interest rates are rising, many investors are looking for someplace to put their money that is as close to risk-free as possible - even if it means forgoing the chance … Continue reading → The post How to Buy More than $10,000 in I Bonds Through This Loophole appeared first on SmartAsset Blog.  ( 7 min )
    Vanguard: You Should Rebalance Your Portfolio
    Portfolio shifts are a common occurrence for investors, especially active ones. Over time, assets shift out of balance from their original assigned portions and could take you out of your comfort zone. Rebalancing your portfolio realigns your assets to meet … Continue reading → The post Here's How Often You Should Rebalance Your Portfolio, According to Vanguard appeared first on SmartAsset Blog.  ( 7 min )
    How Much Will a $1.5 Million Annuity Earn Me Annually?
    Annuities are a form of hybrid financial product. Part investment and part contract, they're primarily sold by insurance companies as a way to save for retirement. While in recent years they have come under criticism for below-market returns, many retirees … Continue reading → The post How Much Would a $1.5 Million Annuity Pay? appeared first on SmartAsset Blog.  ( 10 min )
    How do I Split an Inherited IRA with My Sibling?
    Like most assets, you can inherit an individual retirement account (IRA) after the owner's death. And for spouses, inheriting an IRA is a relatively straightforward process. In most cases, you can simply assume ownership or even roll the inherited account over … Continue reading → The post How to Split an Inherited IRA Between Siblings appeared first on SmartAsset Blog.  ( 10 min )
    T. Rowe Price: You Need This Much Saved For Retirement Based on Your Income
    Retirement is a big milestone for many, and planning for retirement can constitute a large financial goal that takes years to reach. In fact, data from the Federal Reserve indicates that the majority of Americans only have $65,000 saved for … Continue reading → The post Approaching Retirement? T. Rowe Price Says You Need This Much Saved Based on Your Income appeared first on SmartAsset Blog.  ( 9 min )
    How to Insure $1.5 Million or More at a Single Bank
    Following the recent bank collapses there's good reason to be concerned about how much of your money is and isn't insured. The bad news: Just because an account is held by a bank doesn't automatically mean it's insured. The good … Continue reading → The post This Move Lets You Insure $1.5 Million or More at a Single Bank appeared first on SmartAsset Blog.  ( 9 min )
    Does Fidelity's 45% Rule Still Hold True?
    Financial services giant Fidelity has a rule for retirement savings you may have heard of: Have 10 times your annual salary saved for retirement by age 67. This oft-cited guideline can help you identify a retirement savings goal, but it … Continue reading → The post Should the 45% Rule Guide Your Retirement Strategy? appeared first on SmartAsset Blog.  ( 8 min )
    A couple who retired early with $4.3 million says the FIRE lifestyle is wearing thin: ‘We don’t want to just keep throwing money on the pile and keep being cheap’
    Despite being multi-millionaires, early retirees Mindy and Carl can't shake their scarcity mentality around money.  ( 8 min )
    Crypto has a new rescuer: Wall Street
    Some of the biggest names in finance are making new bets on digital currencies, helping the industry rally even as it faces rising legal scrutiny.  ( 9 min )
    Unlikely Emerging-Market Rallies Get Wall Street Reality Check
    (Bloomberg) -- A rally in some of the world’s riskiest emerging markets, triggered by a pivot to market-friendly policies, is already showing signs of fatigue.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinWhat Is Russia’s Wagner Group and Why Was It Accused of Mutiny?Markets from Egypt and  ( 8 min )
    Diners Are Losing Patience With Restaurant Service—and There’s No Quick Fix
    Owners are using technology, training and fixed tipping to address staff turnover and shortages.  ( 30 min )
    Top Energy ETFs for 2023
    Fidelity MSCI Energy Index ETF has the lowest fees, SPDR S&P Oil & Gas Equipment Services ETF has the best return, and Energy Select Sector SPDR Fund is the most liquid  ( 21 min )
    In six months, there have been 46 applications for branch closures. Most are from one local bank
    “Banks are redrawing their maps, but no one has given them the instructions on how to do that,” said Chris Marinac, director of research at Janney Montgomery Scott.  ( 16 min )
    Green beauty: L'Oreal partners with Alibaba, key suppliers to decarbonise China's US$80 billion cosmetics industry
    L'Oreal, the world's largest cosmetics company, wants to utilise China's role as the world's biggest e-commerce market and a fast-developing digital economy to tackle the beauty industry's environmental problem. The company hopes a partnership with China's e-commerce platforms and major suppliers in its North Asia region will help Asian consumers better perceive the value of sustainability and make greener consumption choices, said Janet Neo, L'Oreal's chief sustainability officer for North Asia  ( 8 min )
    What to Do When Your Home-Insurance Policy Isn’t Renewed
    Many Americans are losing their home-insurance coverage as storms and lawsuits upend the industry and the pricing of risk.  ( 27 min )
    Texas Is Melting: The Lone Star State’s Power Prices Are Soaring Amid Heat Wave – And These 2 Stocks Are Set to Benefit
    The heatwave in Texas has sent temperatures off the charts. Triple digits have been reachedacross the state, hitting 125F in Corpus Christi and 118F in Rio Grande, as recorded by the heat index – which provides a combination of temperature and humidity. Meanwhile, the need for air conditioning has seen demand for power spike – and so has the price. Electricity prices doubled, and earlier this week got as high as $5,000 per megawatt-hour. Making matters worse, especially near the Gulf Coast, is u  ( 10 min )
    BIS warns world economy at critical juncture in inflation fight
    The world's central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world economy was now at a crucial point as countries struggle to rein in inflation. Despite the relentless rise in rates over the last 18 months, inflation in many top economies remains stubbornly high, while the jump in borrowing costs triggered the most serious banking collapses since the financial crisis 15 years ago.  ( 9 min )
    Hong Kong to fine-tune mortgage limits for first-time homebuyers
    Hong Kong plans to "fine-tune" the maximum size of mortgages available to first-time homebuyers, Financial Secretary Paul Chan said in a radio interview on Sunday. Chan told Commercial Radio Hong Kong that residents want to upgrade homes after starting families so the government is discussing with the de facto central bank to adjust mortgages to sizes that balance buyer interest and financial security. Market participants have been urging the government to relax property market curbs after home prices in one of the world's most expensive markets dropped 15% last year.  ( 6 min )
    Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes
    Pandemic effects and government aid are blunting impact of higher rates, for now  ( 30 min )
    The Market Rally Made Stocks Expensive. These Are Still Cheap.
    Several sectors are trading at discounts to the S&P 500. The stocks might have some downside, but their prices account for a considerable amount of risk.  ( 23 min )
    Warren Buffett's Bear Market Maneuvers
    This esteemed investor rarely changes his long-term investing strategy, no matter what the market does.  ( 22 min )
    AI Frenzy and Bank Collapses: The First-Half Stock Market Themes
    (Bloomberg) -- Stock market predictions are hard to make and so it has proved in the first half of the year: Almost no one foresaw an artificial intelligence-fueled $5 trillion bounce in tech, nor a banking crisis.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinGoldman Sachs Is Cutting About  ( 9 min )
    Europe’s Markets Flash Warnings as Growth Woes Start to Dominate
    (Bloomberg) -- Recession alarms are ringing around Europe’s bond markets, replacing the previous panic over inflation as investors come to terms with the threat to economic growth of increasingly tight monetary policy.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinGoldman Sachs Is Cutting A  ( 8 min )
    On Deck for Fed, ECB — Another Dose of Inflation Data
    (Bloomberg) -- Fresh inflation readouts this week will probably feed into expectations of further policy tightening by Federal Reserve and European Central Bank officials who are already tilting toward raising interest rates.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagn  ( 10 min )
    PwC Australia to sell government business for A$1, appoint new CEO
    PwC Australia said on Sunday it will sell its government practice to private equity firm Allegro Funds and appoint a new CEO, as the professional services firm battles the fall out from a major scandal. The scandal, which broke in January, revolves around a former PwC tax partner who had been advising the federal government on laws to prevent corporate tax avoidance and shared confidential information with colleagues who then used it to pitch to multinational companies for work. PwC said it had entered an exclusivity agreement to divest its federal and state government business to Allegro Funds for A$1 ($0.67) after reports this week it had been looking to offload its government, education and healthcare practice.  ( 6 min )
    Russia back in investors' focus after weekend mutiny
    Some investors were watching for ripple effects from an aborted mutiny in Russia on Saturday, expecting a move into safe havens such as U.S. government bonds and the dollar when markets open later on Sunday. Heavily armed Russian mercenaries led by Yevgeny Prigozhin, a former ally of President Vladimir Putin and founder of the Wagner army, advanced most of the way to Moscow after capturing the city of Rostov, but then halted their approach, de-escalating a major challenge. On Saturday night, they began withdrawing from the Rostov military headquarters they had seized, a Reuters witness said.  ( 7 min )
    Companies Try New Strategy to Stay in China: Siloing
    As tensions rise between Washington and Beijing, firms are seeking ways to wall off China businesses in case relations worsen.  ( 30 min )
    Oil and gas majors step up efforts to diversify into lithium
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Financial storm bears down on US commercial real estate
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Cargo Airline Western Global Weighs Bankruptcy as Cash Dwindles
    (Bloomberg) -- Western Global Airlines LLC is weighing options including filing for bankruptcy as it faces dwindling liquidity, according to people with knowledge of the matter. Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagner Won’t Surrender After Putin’s AddressThe car  ( 7 min )
    Byju's staff say morale waning amid turmoil at Indian edtech firm
    Fresh troubles at Indian edtech startup Byju's this week have escalated concerns among employees who were already uncertain about their future after several rounds of job-cuts, more than a dozen current and former staff told Reuters. Auditor Deloitte and three prominent board members severed ties with the Bengaluru-headquartered firm on Thursday, raising further questions about the once high-flying company's financial health and governance practices. Byju's has already let go of several thousand employees this year due to slowing demand and it is locked in a legal battle with its lenders and faces regulatory scrutiny, even as its valuation has been slashed by at least one marquee investor.  ( 7 min )
  • Open

    Door storing leek het alsof betalingen ING-klanten dubbel werden afgeschreven
    De storing bij ING waardoor het leek alsof pinbetalingen van zaterdag dubbel werden afgeschreven is verholpen, laat een woordvoerder van het bedrijf weten. Sommige klanten zagen dubbele afschrijvingen van betalingen met de pinpas die ze zaterdag hadden gedaan.  ( 3 min )
    Grote bedrijven willen strengere regels voor uitstoot vrachtwagens
    Tientallen grote bedrijven eisen dat de Europese Unie strengere regels invoert voor de CO2-uitstoot van vrachtwagens. Multinationals als Heineken, Nike en IKEA hopen dat ambitieuzere doelstellingen zorgen voor meer investeringen van autofabrikanten in elektrische vrachtauto's.  ( 3 min )
    NU+ | Milieuactivisten protesteren in hart van Tata Steel: 'Ziek van deze fabriek!'
    Honderden activisten zijn zaterdag door het hek van Tata Steel gebroken om het terrein te bezetten. Greenpeace wil dat de staalfabriek in Wijk aan Zee per direct stopt met het belasten van het klimaat, de natuur en de omwonenden. "Tata heeft te lang getreuzeld."  ( 5 min )
    PwC grijpt in bij Australisch kantoor na belastingschandaal
    De Australische tak van accountants- en advieskantoor PwC loost zijn in opspraak gekomen afdeling die overheden bijstaat. Voor het symbolische bedrag van 1 Australische dollar wil PwC Australia die activiteiten aan investeringsmaatschappij Allegro verkopen.  ( 4 min )
    Tata Steel zegt dat het langer gas moet affakkelen door klimaatacties
    Door de acties van klimaatactivisten op het terrein van staalfabriek Tata Steel de afgelopen dagen is het langer nodig om gas af te fakkelen. Dat zegt een woordvoerder van het bedrijf zondag. Volgens Tata Steel zorgt dat voor meer uitstoot dan nodig was. Greenpeace noemt die uitspraak hypocriet.  ( 4 min )
    Grote bedrijven willen strengere uitstootregels voor vrachtwagens
    Tientallen grote bedrijven eisen dat de Europese Unie strengere regels invoert voor de CO2-uitstoot van vrachtwagens. Multinationals als Heineken, Nike en Ikea hopen dat ambitieuzere doelstellingen in het landenblok ook voor meer investeringen van autofabrikanten in elektrische vrachtauto's zorgen, schrijft Financial Times zondag.  ( 3 min )
    NU+ | Je ex vervangen en brand creëren: dit kan allemaal met AI in Photoshop
    Met Photoshop kun je nu makkelijker dan ooit foto's bewerken door mensen en objecten toe te voegen of juist weg te halen. Allemaal dankzij de toevoeging van kunstmatige intelligentie. Maar het levert soms ook lachwekkend slechte creaties op.  ( 7 min )
    Dit verandert er op 1 juli allemaal voor je portemonnee
    De huren stijgen en tanken wordt weer duurder. Tegelijkertijd gaan ook de minimumlonen en de uitkeringen omhoog. Wat verandert er nog meer op 1 juli? NU.nl zet het op een rijtje.  ( 6 min )
    Kwart overstappers gaat uit vrees voor lang energiecontract
    Vaste energiecontracten zijn terug van weggeweest en overstappende klanten kiezen daarbij opmerkelijk vaak voor een meerjarig contract. Na anderhalf jaar van schommelende prijzen zoeken ze zekerheid en vastigheid, merken vergelijkers.  ( 4 min )

  • Open

    Signum (SIGNA)—Formerly Burstcoin (BURST) Definition
    Sgnum (SIGNA), formerly Burstcoin (BURST), is a cryptocurrency that supports smart contracts and digital assets and uses an energy-efficient proof-of-capacity mining algorithm.  ( 19 min )
    How to Endorse a Check
    Sign your name to the back to endorse a check. This tells the bank or credit union that you are the payee and that you are ready to accept your money.  ( 25 min )
    Deceased Account: Definition, Who Notifies, and How They're Closed
    A deceased account is a bank account that's owned by a deceased person. Banks freeze access to deceased accounts pending direction from an authorized court.  ( 21 min )
    What Is a Drawee in Legal and Banking Terms?
    A drawee is the party directed by a depositor, or drawer, via a check or bill of exchange to pay a certain sum of money to the person presenting the check.  ( 20 min )
    Rising Rates Likely Quashed Homeownership Dreams of 2.4 Million Potential First-Time Buyers
    First-time homebuying plunged last year amid rising borrowing costs and racial disparities in homeownership. Payments on a median-priced home rose to $3,000 per month in March 2023 from $2,500 in March, 2022.  ( 18 min )
    Top Japan ETFs for 2023
    FLJP has the lowest fees, JPXN has the best 1-year performance, and EWJ is the most liquid.  ( 20 min )
    Top India ETFs for 2023
    Franklin FTSE India ETF offers the lowest fees, Columbia India Consumer ETF has the best return, and iShares MSCI India ETF is the most liquid.  ( 21 min )
    What's Included in a Country's Balance of Payments?
    Learn about the many types of transactions that are recorded in a country's balance of payments, including the current, capital, and financial accounts.  ( 19 min )
    What Was the Zimbabwe Dollar (ZWD)? Definition and What Happened
    The Zimbabwe currency system has undergone massive changes due to hyperinflation. Here we discuss the history of the Zimbabwe dollar (ZWD).  ( 24 min )
    The Best Jumbo Mortgage Rates for 2023
    The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 29 min )
  • Open

    Pricey Junk Bonds Are Seeing a Sudden Vibe Shift: Credit Weekly
    Bullish bets on high-yield corporate bonds are starting to unravel as interest rates look set to stay higher for longer.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagner Won’t Surrender After Putin’s AddressInvestors are turning back to safer investment-grade notes instea  ( 10 min )
    Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
    (Bloomberg) -- The bond market is finally getting in sync with Jerome Powell’s outlook for the economy.Most Read from BloombergThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Prigozhin Turns His Forces Away From MoscowPrigozhin Turns His Forces Back from Moscow, Avoids ShowdownWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagner Won’t Surrender After Putin’s AddressTraders have scrapped once-aggressive wagers that the Federal Reserve chief would pivot to e  ( 8 min )
    Credit card rewards exploit America’s less financially savvy, study finds
    Financially savvy individuals with higher credit scores were more likely to profit from credit card rewards at the expense of naive consumers with lower scores.  ( 9 min )
    Why China's faltering economy could soon become a top-of-mind concern for the US stock market
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    Real estate agents are feeling the pain: Housing market golden handcuffs are very real
    All those 2% and 3% mortgage rates—a policy outcome of the COVID-19 recession—are now acting as golden handcuffs.  ( 7 min )
    Russia turmoil to fuel market volatility, flight to safety
    "Markets typically do not respond well to events that are unfolding and are uncertain," particularly relating to Putin and Russia. "If the uncertainty escalates, you're going to see Treasuries get a bid, gold will get a bid and the Japanese yen tends to gain in situations like this." "The impact on markets clearly depends on the final outcome of Russia's internal power struggle; if it leads to an early conclusion of the war, it will be positive for markets in the short term."  ( 9 min )
    This Week in Coins: Bitcoin and Ethereum Rally Hard Post-BlackRock
    Also, the British parliament is now very nearly in accord over a bill of proposed crypto regulation.  ( 7 min )
    There's a clear winner in today’s housing market. Hint: it's not the buyer.
    A fistful of housing data this week essentially declared who is winning in the current housing market. It’s certainly not homebuyers, who are picking through too-few choices to buy at still-high prices and elevated mortgage rates. It’s not sellers, many of whom are not even in the game. The winners: The homebuilders.  ( 9 min )
    A Dark Cloud Is Looming Over Chemical Stocks
    Warning signs from the chemical industry regarding their profit outlooks may suggest a potential economic slowdown.  ( 7 min )
    Oil Prices Expected to Jump on Conflict in Russia
    Oil traders and analysts are bracing for higher energy prices on Monday. "Internal turmoil is a risk for supply to global markets, if it turns out to be a proper civil war it would of course hamper oil supply," said Bjarne Schieldrop, chief commodities analyst at Nordic bank SEB. Oil traders said  ( 21 min )
    You May Be Surprised By How Much Retirement $3 Million Will Buy You
    How long $3 million will last in retirement depends on your spending habits and investment returns. While your spending habits are largely under your control, some costs such as healthcare expenses are not perfectly predictable. Likewise, while you can probably … Continue reading → The post How Long Will $3 Million Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )
    If I Inherit Property, Do I Pay Taxes Automatically?
    When you inherit property, the IRS applies what is known as a stepped-up basis to that asset. Here's how capital gains are taxed on inherited property.  ( 8 min )
    Is It Possible to Retire Comfortably at 50 With $1.5 Million?
    Retiring at age 50 would be a dream for most people, as it would leave you with a few decades of time and, hopefully, health, to enjoy your life. The key to achieving this dream, though, is to put aside … Continue reading → The post Can I Retire at 50 With $1.5 Million? appeared first on SmartAsset Blog.  ( 12 min )
    Will I Have to Pay a Family Member's Taxes If They Die?
    When a loved one passes away, it can be an emotional experience. Unfortunately, handling the deceased's finances can add to this stress. While most people know that you need to file a final tax return for the deceased, most people … Continue reading → The post Income in Respect of a Decedent (IRD) appeared first on SmartAsset Blog.  ( 8 min )
    How Long Will $400k Will Last Me During Retirement?
    Data from the Federal Reserve shows that the average savings in the United States at retirement age is just $255,200. So if you find yourself with $400,000 in assets at retirement age, congratulations! You're doing much better than average. But how … Continue reading → The post How Long Will $400k Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )
    Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It?
    My children have inherited $5 million of stock from their father (whose estate has not yet been dispersed after 11 months) leaving them with a 30% or so loss of value over which they have had no control. Is there … Continue reading → The post Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It? appeared first on SmartAsset Blog.  ( 9 min )
    Eli Lilly’s CEO pinpoints the 3-pronged problem big execs face with remote work
    Managing a distributed workforce is “the leadership challenge of our decade,” David Ricks, CEO of pharma giant Eli Lilly, said.  ( 10 min )
    Mortgage prisoners left ‘suicidal’ as thousands trapped on sky-high rates
    Mortgage prisoners are being left “suicidal” and at risk of destitution as standard variable rates approach double digits, campaigners have warned.  ( 7 min )
    S&P 500 Giants Lead Stocks Near Buy Points; Can They Hold Up Amid The Market Pullback?
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    Stock Market Forecast For The Next Six Months Flashes Caution Signs After Big Gains In Tech Stocks Like Microsoft, Oracle
    No content preview
    Top Japan ETFs for 2023
    FLJP has the lowest fees, JPXN has the best 1-year performance, and EWJ is the most liquid.  ( 20 min )
    4 big deal reports: IBM to buy out Apptio for $5B, per media reports
    Here is your Pro Recap of four head-turning deal dispatches you may have missed this week: IBM and Apptio merger rumors, Eli Lilly acquires Dice Therapeutics, Amazon's iRobot acquisition faces EU antitrust investigation, and Stratasys determines 3D Systems' offer not a 'Superior Proposal' to Desktop Metal agreement. InvestingPro subscribers got this news first.  ( 8 min )
    Gen Z workers came of age amid the pandemic—and now quitting their job is always front of mind
    It's a way of life for Generation Quit.  ( 12 min )
    Top India ETFs for 2023
    Franklin FTSE India ETF offers the lowest fees, Columbia India Consumer ETF has the best return, and iShares MSCI India ETF is the most liquid.  ( 21 min )
    Car Insurance Rates Are Soaring With Little Relief in Sight
    Even states with consumer friendly laws, and tough powers to veto increases, are allowing rates to rise.  ( 28 min )
    Iran’s Oil Supplies Are One More Challenge for OPEC+
    Oil markets are buzzing about the potential return of Iranian oil to markets, writes Mark Finley.  ( 34 min )
    Why Turkey’s Interest-Rate Hike to 15% Didn’t Go Far Enough
    Investors expect inflation, which is at 40% annually, to reaccelerate later this year as winter fuel costs kick in.  ( 22 min )
    Only Half of People Stay Employed Through Their 50s. How to Prepare.
    Common retirement advice assumes 50-somethings are in their top earnings years. Unfortunately, there's more to the story.  ( 22 min )
    What the heck is going on at Goldman Sachs
    It's been non-stop negativity over at Goldman Sachs recently. Could it cost CEO David Solomon his job?  ( 9 min )
    Apple stock could soar 37% to a $4 trillion market valuation by the end of 2024 after confirming a key breakout to all-time highs
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    Top 5 China Stocks To Buy And Watch Now
    No content preview
    Is the AI-led 'baby bubble' bursting? BofA says tech stocks just saw their biggest outflow in 10 weeks.
    No content preview
    IBM Is in Talks to Buy Apptio for as Much as $5 Billion
    (Bloomberg) -- International Business Machines Corp. is in talks to buy software company Apptio as part of a deeper push into automation technology, according to people with knowledge of the matter.Most Read from BloombergGoldman Sachs Is Cutting About 125 Managing Directors GloballyPrigozhin Accused of Uprising in Challenge to Kremlin GripFive-Star Hotel Guest Leaves Without Paying After 603-Night StayTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThe Big Names That Got Backstop for  ( 7 min )
    Gas Is Here to Stay for Decades, Say Fossil Fuel Heavyweights
    (Bloomberg) -- The biggest fossil fuel players are making the message clear: the transition to a green future will require much more natural gas.Most Read from BloombergGoldman Sachs Is Cutting About 125 Managing Directors GloballyPrigozhin Accused of Uprising in Challenge to Kremlin GripFive-Star Hotel Guest Leaves Without Paying After 603-Night StayTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThe Big Names That Got Backstop for Billions in Uninsured SVB DepositsFrom Shell Plc to  ( 10 min )
    FDIC mistakenly releases confidential information on Silicon Valley Bank depositors, revealing major tech giants that benefitted from government help
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    IBM Is Close to $5 Billion Takeover of Apptio, WSJ Reports
    (Bloomberg) -- International Business Machines Corp. is nearing a deal to buy software company Apptio for roughly $5 billion, part of a push deeper into automation technology, the Wall Street Journal reported.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionFive-Star Hotel Guest Leaves Without Paying After 603-Night StayThe Big Names That Got Backstop for Billions in Uninsured SVB DepositsThese Are the World’s Most (and Least) Liveable Cities in 2023US Navy Dete  ( 7 min )
    Dow Jones Futures: Market Pullback Healthy As Apple Hits Record High; What To Do Now
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    Dexcom, A Top 2% Stock, Raises 2025 Outlook Amid 'Rapidly' Expanding Diabetes Market
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    AI Stocks Are a Long Way From Bubble Territory
    Tech stocks are poised to head higher as investors scoop up anything related to artificial intelligence.  ( 23 min )
    6 Stocks to Get a Jump on the Coming Industrial Supercycle
    Driven by the federal government, some $2 trillion in financing should fuel a revival of U.S. industry. Here are stocks that should ride that wave. With industry stocks beaten down, now’s the time to buy the dip.  ( 22 min )
  • Open

    Zwitserland is nog niet klaar met renteverhogingen, Spanje wel
    Ook Zwitserland blijft last houden van een torenhoge inflatie. De Zwitserse centrale bank zal de rente naar verwachting opnieuw moeten verhogen om de stijgende consumentenprijzen te temperen, zegt centralebankpresident Thomas Jordan.  ( 3 min )
    Zwitserland nog niet klaar met renteverhogingen, Spanje wel
    Ook Zwitserland blijft last houden van een torenhoge inflatie. De Zwitserse centrale bank zal de rente naar verwachting opnieuw moeten verhogen om de stijgende consumentenprijzen te temperen, zegt centralebankpresident Thomas Jordan.  ( 3 min )
    Speelgoedbranche merkt dat volwassenen hun speelsheid niet meer kwijtraken
    De speelsheid die volwassenen tijdens de coronapandemie bij zichzelf hebben ontdekt, blijft hangen. Speelgoedverkopers zien steeds vaker oudere klanten die iets leuks kopen voor zichzelf. Vooral LEGO-sets, Funko-poppen en spellen vliegen over de toonbank.  ( 5 min )
    Energieconcerns zien nog tientallen jaren vraag naar aardgas
    Terwijl klimaatactivisten hevig protesteren tegen investeringen in de fossiele industrie, is de boodschap van grote energieconcerns als Shell en Chevron dat er voor de transitie naar een groene toekomst nog veel meer aardgas nodig is.  ( 4 min )
    Cryptobeurs Binance uit België geweerd omdat ze zonder vergunning actief was
    Binance mag in België geen diensten meer aanbieden die met digitale munten te maken hebben. Het cryptoplatform was namelijk zonder vergunning actief in het land.  ( 3 min )
    Cryptobeurs Binance uit België geweerd wegens geen vergunning
    Cryptoplatform Binance mag in België geen diensten meer aanbieden die met digitale munten te maken hebben. Dat zegt de Belgische financiële toezichthouder FMSA. De reden is dat Binance zonder vergunning actief was in België.  ( 3 min )
    Explainer | Gasveld Groningen gaat dicht, hoe wordt zo'n gasveld gesloten?
    Het Groningenveld gaat dicht. Maar hoe wordt een gasveld nou precies gesloten?  ( 3 min )
    Blikjes inleveren voor statiegeld leidt tot chaos in supermarkten
    De invoering van statiegeld op blikjes leidt tot chaos in de supermarkt. Zo staan er lange rijen voor de automaten en worden blikjes die niet geschikt zijn naast de afvalbakken gedeponeerd. Ook lopen de apparaten sneller vast.  ( 5 min )

  • Open

    Pimco’s Latest ETFs Add to the Ultra-Short Treasury Fund Trend
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    IBM Nears $5 Billion Deal for Software Provider
    Purchase of Apptio, owned by private-equity firm Vista Equity Partners, could be finalized over the weekend.  ( 29 min )
    Tennessee, Kentucky battery plants for Ford electric vehicles on track for $9.2B federal loan
    Massive battery plants planned in Tennessee and Kentucky for Ford's electric vehicles are on track to receive up to a $9.2 billion federal loan in what would be the biggest award under the U.S. Department of Energy's loan program since President Joe Biden took office. The money for construction would secure a sizable chunk of funding for Ford's big electric vehicle swing in the two states.  ( 9 min )
    Lofty valuations on US stocks a growing worry for investors
    Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities more vulnerable to declines. The S&P 500 pulled back for the week though it is up more than 13% since the year began, fueled by signs of moderating inflation, excitement over advances in artificial intelligence and growing appetite for risk. Those gains, however, have driven equities to more expensive levels.  ( 8 min )
    Stock Market Action Plan: Nike, Micron, Carnival Earnings And The Bud Light Beer Wars
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    AI fever will carry the bull market higher even as the US tips into recession, veteran trader says
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    The Age of Oil Will Endure. These Drilling Stocks Could Be Gushers.
    The industry looks headed for a major rebound, defying expectations of a long-term decline. Stocks such as Diamond Offshore Drilling and Noble could surge 50% or more.  ( 23 min )
    Petrobras Is Said to Plan First Dollar Bond Sale Since 2021
    (Bloomberg) -- Brazil’s state-controlled oil producer Petroleo Brasileiro SA is readying to return to global debt markets with a benchmark sale as soon as Monday, people familiar with the matter said. Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinGoldman Sachs Is Cutting About 125 Managing  ( 7 min )
    Goldman Sachs Is Cutting About 125 Managing Directors Globally
    (Bloomberg) -- Goldman Sachs Group Inc. has started cutting managing directors across the globe as the firm reduces its headcount amid a deals slump, according to people familiar with the matter.Most Read from BloombergThe Wagner Mutiny Foreshadows a Russian DefeatPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinPrigozhin Says Wagner Won’t Surrender After Putin  ( 7 min )
    Ford job cuts coming to hundreds of salaried workers in North America: Here's what we know
    A source with knowledge of the plan identified how many cuts will be made, whose jobs will be targeted and when.  ( 8 min )
    The stock market is presenting investors with another 'buy the dip' opportunity as sidelined cash piles up and the economy continues to expand, Fundstrat says
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    The Paris Air Show Was Great. Boeing Stock Didn’t Go Up.
    No content preview  ( 34 min )
    Top CD Rates Today, June 23, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Bitcoin, Over $31K, Hit Its Highest Level This Year
    Bitcoin soared above $31,000 as investors returned to the largest cryptocurrency after a tumultuous 13 months for crypto markets that brought multiple bankruptcies and exchange failures.  ( 18 min )
    SpaceX Targets $150 Billion Valuation
    The Elon Musk-led company plans to reach the higher valuation by allowing employees to sell stock.  ( 29 min )
    Middle East Oil Prices Soar Amid Chinese Trading Frenzy
    Middle Eastern oil prices have dramatically surged due to an unexpected increase in demand from Chinese and Asian refiners, shaking the global oil markets.  ( 8 min )
    Modi Visit To U.S. Fuels 'Trailblazing' Pact, Trio Of Deals To Secure Chip Supply Chains
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    Do AI Chip Stocks Have More Room to Grow? Nvidia and AMD in Focus
    AI and semiconductor chips have been capturing investors’ collective imagination – and for good reason. Together, they’re driving the technology of the future. Semiconductor chips are ubiquitous in our digital age, and AI, artificial intelligence, has in recent months begun transforming the way we communicate with our machines. And where these two fields connect, well, anything can happen. And for investors, it probably will. The Philadelphia Semiconductor Index, the PHLX, which tracks the chip  ( 10 min )
    3 Monthly Paying REITs With Recent Good News And Upcoming Ex-Dividends
    Monthly dividend-paying stocks are beneficial for income investors because they provide ongoing, regular dividend payments every month that can be used toward recurring expenses. Temporary share price fluctuations are not as important as steady income for these investors, but it’s a bonus when stock prices rise because of good earnings, dividend hikes, analyst upgrades or other news. Here are three real estate investment trusts (REITs) that pay steady monthly dividends, have recently received po  ( 8 min )
    Oregon county sues oil, coal companies for $51 billion over deadly heat dome
    Oregon’s most populous county is suing more than a dozen large fossil fuel companies to recover costs related to extreme weather events linked to climate change. The lawsuit filed Thursday in Multnomah County Circuit Court alleges the combined carbon pollution the companies emitted was a substantial factor in causing and exacerbating a 2021 heat dome that killed 69 people, The Oregonian/OregonLive reported. Multnomah County is home to Portland and known nationally for mild weather and rain.  ( 6 min )
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  • Open

    GSK Settles Zantac Cancer Lawsuit Set to Go to Trial Next Month
    American depositary receipts of GSK jumped after the U.K.-based biopharma company said it had reached a settlement in a lawsuit accusing the firm’s discontinued heartburn medicine, Zantac, of causing cancer.  ( 1 min )
    Honda Recalls 1.2 Million Vehicles Because of a Potentially Faulty Rearview Camera
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    CarMax Shares Soar After Beating Quarterly Profit and Sales Estimates
    Shares of CarMax jumped on Friday morning after the used car dealer exceeded quarterly earnings and revenue forecasts following cost-cutting measures.  ( 1 min )
    Virgin Galactic Fundraising Plans Put Stock on Track for Worst Day in a Year
    Virgin Galactic shares fell about 18% in early trading Friday after the company announced plans to raise up to $400 million through the sale of common shares.  ( 1 min )
    3M Settles 'Forever Chemicals' Lawsuits for $10.3 Billion
    3M agreed to pay $10.3 billion to settle "forever chemicals" lawsuits.  ( 1 min )
    NRG Energy Responds to Activist Investor Complaints, and Shares Jump
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    FactSet Shares Slide After Projecting 2023 Revenue at Low End of Forecast
    FactSet shares declined after the company said it expects full-year revenue to be at the low end of its forecast.  ( 1 min )
  • Open

    Dow Jones Today: Index Falls, Breaking 3-Week Winning Streak
    The Dow Jones Industrial Average fell 0.7%, or 219 points, Friday to cap a losing week as worsening economic data renewed investors’ fears of a looming recession.  ( 1 min )
    Markets Add to Losses to End a Losing Week Amid Concerns About Economy
    Markets fell on Friday, June 23, 2023, to end a losing week amid concerns about economy.  ( 1 min )
    Markets Head Toward Losing Day and Week Amid Worries About Economic Growth
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    Dow Jones Today: Index Flat as Investors Mull Global Rate Decisions
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    S&P 500, Nasdaq snap 3-day losing streak on Thursday, June 22, 2023, as tech stocks advance.  ( 1 min )
  • Open

    Top CD Rates Today, June 23, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Bitcoin, Over $31K, Hit Its Highest Level This Year
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    Dow Jones Today: Index Falls, Breaking 3-Week Winning Streak
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    IRS Publication 15-A: Employer's Supplemental Tax Guide
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    Markets Add to Losses to End a Losing Week Amid Concerns About Economy
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    GSK Settles Zantac Cancer Lawsuit Set to Go to Trial Next Month
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    Honda Recalls 1.2 Million Vehicles Because of a Potentially Faulty Rearview Camera
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    How High Will CD Rates Go This Year?
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    BlockFi Can Prioritize Repaying Investors Over $30 Million SEC Penalty
    Bankrupt crypto lender BlockFi will be able to defer paying a $30 million fine to the U.S. Securities and Exchange Commission so it can return funds to investors first.  ( 17 min )
    Supreme Court Rules In Favor of Coinbase, Strengthening Arbitration
    The Supreme Court has ruled in favor of Coinbase in a dispute related to a customer class-action lawsuit. The decision strengthens the right of businesses to resolve disputes via arbitration instead of through lawsuits.  ( 17 min )
    Markets Head Toward Losing Day and Week Amid Worries About Economic Growth
    U.S. equities were headed for a losing day and week at midday on Friday, June 23, 2023 amid concerns higher interest rates could slow economic growth.  ( 16 min )
    CarMax Shares Soar After Beating Quarterly Profit and Sales Estimates
    Shares of CarMax jumped on Friday morning after the used car dealer exceeded quarterly earnings and revenue forecasts following cost-cutting measures.  ( 16 min )
    Mortgage Rates Inch Tick Up Again
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    3M Settles 'Forever Chemicals' Lawsuits for $10.3 Billion
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    Virgin Galactic Fundraising Plans Put Stock on Track for Worst Day in a Year
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    Congress, Regulators Seek To Tighten Screws on Oversight of U.S. Banks
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  • Open

    Zomerchaos op Schiphol kwam door drang om zo goedkoop mogelijk te werken
    De chaos die vorig jaar op Schiphol ontstond, kwam doordat op de luchthaven veel werk was uitbesteed en alles zo goedkoop mogelijk moest. Ook blijkt dat er in het najaar van 2021 al signalen waren dat het in 2022 mis zou gaan.  ( 5 min )
    Kledingketen Score failliet, banen van 450 medewerkers op de tocht
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    Explainer | Hoe supermarkten worstelen met de plakkende ingeleverde blikjes
    Bij het inleveren van statiegeldblikjes in de supermarkt hoort inmiddels een kleverige boodschappentas. Voor de consument al vervelend, maar de plakzooi is voor de supermarkten helemaal geen goed nieuws. Machines lopen vast en er moet veel schoongemaakt worden. Hoe gaan supermarkten ermee om?  ( 3 min )
    Chinees exportverbod voor chipmachines gaat volgende week al in
    De nieuwe Chinese exportbeperkingen voor ASML gaan al op 30 juni in, meldt persbureau Bloomberg. Volgens die nieuwe regels mag het Veldhovense bedrijf nog minder machines aan de Chinezen leveren. De komst van het exportverbod was al bekend, maar de ingangsdatum nog niet.  ( 3 min )
    Kabinet zet werk aan zeventien wegen voorlopig in ijskast door onder meer stikstof
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    Shell krijgt in VS rechtszaak aan zijn broek vanwege extreme hittegolf
    Het bestuur van een Amerikaanse regio wil van Shell en andere bedrijven een forse schadevergoeding vanwege de gevolgen van klimaatverandering. Volgens de aanklager hebben de concerns met pr-campagnes en dubieuze wetenschappelijke claims bewust twijfel over het klimaatprobleem gezaaid.  ( 4 min )
    Duitsland maakt arbeidsmarkt toegankelijker voor geschoolde migranten
    Een nieuwe wet moet het voor geschoolde migranten makkelijker maken om in Duitsland aan het werk te gaan. Een meerderheid van de Duitse Bondsdag heeft vrijdag met het wetsvoorstel ingestemd.  ( 3 min )
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    Philips erkent fout bij melding van overlijden gebruiker apneuapparaat
    Philips geeft toe dat het een overlijdensgeval te laat heeft gemeld bij de Inspectie Gezondheidszorg en Jeugd (IGJ). Het gaat om een 65-jarige Nederlander die jarenlang een apneuapparaat van Philips gebruikte. Daarvan zijn er twee jaar geleden wereldwijd miljoenen teruggeroepen vanwege productiefouten.  ( 4 min )
    VICE Media wordt overgenomen door vermogensbeheerder
    VICE Media wordt overgenomen door Fortress Investment Group. De Amerikaanse vermogensbeheerder heeft het hoogste bod uitgebracht op het mediabedrijf, dat ruim een maand geleden faillissement aanvroeg. Vakbonden hopen dat Fortress ook omkijkt naar de ontslagen werknemers.  ( 3 min )
    Economische krimp was begin dit jaar toch iets minder pijnlijk
    De Nederlandse economie is in het eerste kwartaal van dit jaar op kwartaalbasis met 0,3 procent gekrompen, in plaats van met de eerder geraamde 0,7 procent. Dat komt door gunstigere exportcijfers en extra informatie over investeringen.  ( 3 min )
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    Nederlandse huishoudens hadden in het eerste kwartaal van dit jaar gemiddeld 1,7 procent meer te besteden dan een jaar eerder. Stijgende lonen en meer gewerkte uren zijn de belangrijkste oorzaken.  ( 3 min )
    NU+ | KPN vecht voor glasvezel in elke woning, want vaste telefoonlijn verdwijnt
    Al ruim honderd jaar verzorgt KPN het vaste telefoonnetwerk in heel Nederland. Maar door de komst van glasvezel gaat de telefoonlijn verdwijnen. Daarom speelt het telecombedrijf een tactisch schaakspel om ook in toekomst de grootste te kunnen blijven.  ( 4 min )
    NU+ | De telefoonlijn verdwijnt, dus vecht KPN om iedere woning op glasvezel te krijgen
    Al ruim honderd jaar verzorgt KPN het vaste telefoonnetwerk in heel Nederland. Maar door de komst van glasvezel gaat de telefoonlijn verdwijnen. Daarom speelt het telecombedrijf een tactisch schaakspel om ook in toekomst de grootste te kunnen blijven.  ( 4 min )
    NU+ | Geklapt landbouwakkoord laat gapend gat achter in klimaatplannen kabinet
    Het geklapte landbouwakkoord heeft niet alleen gevolgen voor het stikstofbeleid, maar laat ook een gapend gat achter in de klimaatplannen van het kabinet. Een van de breekpunten was de krimp van de veestapel, maar om de klimaatdoelen te halen lijkt zo'n krimp alsnog onvermijdelijk. Het kabinet moet nu zelf knopen doorhakken.  ( 6 min )

  • Open

    Unit Trust (UT): What It Is and How to Invest
    A unit trust is an unincorporated mutual fund that holds assets and provides profits to individual unit owners.  ( 22 min )
    Default Model Definition
    A default model is constructed by financial institutions to determine default probabilities on credit obligations by a corporation or sovereign entity.  ( 18 min )
    Proxy Tax Definition
    A proxy tax is a tax on lobbying or political expenses that exceed an allowable amount set by the IRS.  ( 19 min )
    Tier 3 Capital: Definition, Examples, Vs. Tier 1 and Tier 2
    Tier 3 capital was unsecured debt, which many banks held at once to support their market, commodities, and foreign currency risks.  ( 21 min )
    University of Virginia Darden School of Business Definition
    The University of Virginia Darden School of Business is a highly-ranked graduate school at the University of Virginia offering MBAs and other professional programs.  ( 22 min )
    Monetary Union Index of Consumer Prices (MUICP) Definition
    The Monetary Union Index of Consumer Prices (MUICP) is an aggregate measure of consumer inflation for all countries located in the Eurozone.  ( 18 min )
    Top CD Rates Today, June 22, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Dow Jones Today: Index Flat as Investors Mull Global Rate Decisions
    The Dow Jones Industrial Average closed down 0.01%, or 4 points, spending most of the day in the red as investors digested the latest moves by central banks around the world.  ( 16 min )
    FTC Urges Court To Overturn Ruling It Says Enables ‘Whites Only’ Signs
    The Federal Trade Commission is supporting the Consumer Financial Protection Bureau in a legal battle to reinstate an anti-redlining rule, arguing that a federal court had opened the door for lenders to hang up “Whites only” signs when it struck down the rule in February.  ( 18 min )
    Currency Arbitrage: Definition, Types, Risk and Examples
    Currency arbitrage is the act of buying and selling currencies instantaneously for a riskless profit.  ( 18 min )
    Gold Price History: Highs and Lows
    Gold prices have fluctuated over the past century, reaching lows in the 1970s and inflation-adjusted highs in the early ’80s. In recent years, they have been on an uptrend.  ( 26 min )
    S&P 500 and Nasdaq Snap 3-Day Losing Streak as Tech Stocks Advance
    S&P 500, Nasdaq snap 3-day losing streak on Thursday, June 22, 2023, as tech stocks advance.  ( 16 min )
    FactSet Shares Slide After Projecting 2023 Revenue at Low End of Forecast
    FactSet shares declined after the company said it expects full-year revenue to be at the low end of its forecast.  ( 16 min )
    What does a negative bond yield mean?
    Learn what it means when a bond has a negative yield and what circumstances must arise for the yield to be negative when using different formulas.  ( 17 min )
    US Investors Expect Twice the Return Advisors Project
    Americans' expectations for their investment returns don’t just exceed the advice of financial professionals, they are also above the global average.  ( 17 min )
    Bank of America CD Rates: June 2023
    There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 20 min )
    Energy Department to Lend $9.2 Billion to Finance Ford EV Battery Plants
    The U.S. Energy Department plans to lend $9.2 billion to Ford subsidiary BlueOval SK for the construction of three plants that would produce batteries for the automaker's newest EVs.  ( 18 min )
    Contract for Differences (CFDs) Overview and Examples
    Contract for differences (CFDs) offers European traders and investors an opportunity to profit from price changes without owning the underlying assets.  ( 29 min )
    Disruptive Innovation: Meaning and Examples
    Disruptive innovation describes innovations that make products and services more accessible, affordable, and available to a larger population.  ( 25 min )
    NRG Energy Responds to Activist Investor Complaints, and Shares Jump
    NRG Energy shares rose as the power provider boosted share buybacks and looked to change the board following criticism from activist investor Elliott Investment Management.  ( 16 min )
    HM Revenue & Customs: Tax Authority of the United Kingdom
    His Majesty's Revenue & Customs (HMRC) is the tax authority of the U.K. that collects the money that pays for public services and helps families and individuals with financial support.  ( 20 min )
    Gazunder Definition
    Gazunder is a slang term used in the United Kingdom when a real estate buyer lowers their offer despite already having agreed to pay the higher price.  ( 22 min )
    Lowe's Credit Card: How it Works, Benefits, and Rewards
    Understand how the Lowe's credit card works, which customers benefit the most, its terms and conditions, and what alternatives are available.  ( 23 min )
    What Is an Account Balance?
    An account balance is the amount of money in a financial repository, such as a savings or checking account.  ( 22 min )
    Pay As You Earn (PAYE): Definition and Examples
    Pay As You Earn (PAYE) refers either to a system of income tax withholding by employers or an income-based system for student loan repayments.  ( 21 min )
    Term of The Day Newsletter Opt-In
    Newsletter to learn financial terms and their relevance to today's investing news.  ( 10 min )
    Term of The Day Newsletter Opt-In
    Newsletter to learn financial terms and their relevance to today's investing news.  ( 10 min )
    State vs. Federally Chartered Credit Unions: What's the Difference?
    Federally chartered credit unions are regulated by the NCUA, while state-chartered unions are regulated by their state's financial services division.  ( 20 min )
    Collection-Proof: Definition, Example, Protected Income & Assets
    Collection-proof is a term used to describe a person who has no income or assets that can legally be seized for debt repayment.  ( 22 min )
    Endowment Loan Definition
    An endowment loan is a type of mortgage in which the borrower does not pay off the principal of the loan until the mortgage expires.  ( 23 min )
    Breaking Down the Geometric Mean in Investing
    When talking investment portfolios, the geometric mean is also sometimes referred to as compounded annual growth rate or time-weighted rate of return.  ( 21 min )
    Markets Mixed Midday With Tech Stocks Lifting the Nasdaq
    U.S. equities were mixed at midday on June 22, 2023, with tech stocks helping to boost the Nasdaq.  ( 16 min )
    Credit Unions: Definition, Membership Requirements, and Vs. Banks
    A credit union is a member-owned financial cooperative that is created and operated by members and shares profits with owners. It has certain advantages over banks.  ( 22 min )
    Robinhood Buys Credit Card Provider X1 for $95 Million
    Robinhood agreed to buy credit card provider X1 for $95 million in a move that could help the trading platform diversify its income stream.  ( 16 min )
    Overstock Wins Auction for Some Bed Bath & Beyond Assets for $21.5 Million
    Overstock won an auction for some of Bed Bath & Beyond's intellectual property rights and digital assets for $21.5 million.  ( 17 min )
    Spirit AeroSystems Shares Slide as Production Shuts Down Ahead of Strike
    Shares of Spirit AeroSystems tumbled as the airplane parts manufacturer suspended factory operations ahead of a strike by its union employees.  ( 16 min )
    Exchange-Traded Fund (ETF) Explanation With Pros and Cons
    An exchange-traded fund (ETF) is a basket of securities that tracks an underlying index. ETFs can contain investments such as stocks and bonds.  ( 38 min )
    Sallie Mae Bank CD Rates: June 2023
    You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 19 min )
    Bank of England Hikes Interest Rates More Than Expected
    England’s central bank hiked interest rates by an unexpected 50 basis points on Thursday to the highest level since 2008, in its 13th consecutive rate hike since late 2021.  ( 18 min )
    Home Flipping Makes Comeback in First Quarter
    After dropping for eight of the last nine quarters, home flipping profits increased as investor interest grew amid rising resale prices.  ( 17 min )
    Mortgage Rates Inch Back Up
    After dropping to a five-week low, 30-year mortgage rates have inched back up, with averages on most other loan types also up. Jumbo mortgage averages held steady, however.  ( 19 min )
    Cushion Theory Theory: What it is, Does it Work?
    Cushion theory argues that a shorted stock's falling price will again rise as short-sellers eventually purchase shares to cover their short position.  ( 23 min )
    The Key Players in Brexit
    Here, you'll get a breakdown of 10 key players that influenced Brexit negotiations.  ( 25 min )
    Top Natural Gas ETFs for 2023
    United States 12 Month Natural Gas Fund LP and the United States Natural Gas Fund LP offer broad exposure to the commodity.  ( 19 min )
    Lancaster University Management School (LUMS) Definition
    Lancaster University Management School (LUMS) is the international business school division of Lancaster University, considered the best in the U.K. for business and management research.  ( 22 min )
    5 Things to Know Before Markets Open
    Federal Reserve Chair Jerome Powell returns to Capitol Hill to testify before the Senate and the Bank of England hikes rates more than expected. Here’s what investors need to know today.  ( 17 min )
    5 Reports That Affect The British Pound
    The pound is one of the world's most popular traded currencies, and is heavily impacted by certain economic and financial reports.  ( 22 min )
    It May Get Even Harder to Buy a Home This Year
    High mortgage rates have created a challenging environment, keeping would-be sellers from listing their homes. But the number of homes for sale could shrink even further, one report forecasts.  ( 17 min )
    How to Handle a Lost Cashier’s Check
    A lost cashier's check can bring financial headaches, but there are ways to minimize the pain, and even recoup the missing funds.  ( 21 min )
    Loans for First-Time Homebuyers: How to Finance
    If you’re a first-time homebuyer, the options for borrowing can be exponential and potentially overwhelming. Here are some home financing basics.  ( 32 min )
    Unauthorized Insurer Definition
    The term “unauthorized insurer” refers to a fraudulent business that is posing as a legitimate insurance company.  ( 18 min )
    The S&P 500: The Index You Need to Know
    Just how are companies added to and dropped from the S&P 500, and how is its value calculated? Curious? Read on.  ( 24 min )
  • Open

    Stock Market Forecast For The Next Six Months: As Oracle, Microsoft, Other Large Tech Stocks Still Lead, Will The Bull Charge Past Volatility?
    No content preview
    Citi will hold employees 'accountable' for office attendance -statement
    Citigroup will start holding employees "accountable" for compliance with hybrid work model rules, the bank said in a statement on Thursday. Bloomberg reported earlier the bank will start to check whether employees are complying with the requirement of working at least three days a week in the office. Bloomberg reported the bank will consider office attendance when rating employees' performance and pay.  ( 6 min )
    Short sellers are betting more than $1 trillion against US stocks after big run
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    FTX sues ex-Clinton aide's investment firm for $700 million
    No content preview
    Ford Prepares New Round of Layoffs for U.S. Salaried Workers
    The automaker looks to cut costs as it spends heavily on the shift to electric vehicles.  ( 28 min )
    Ford preparing for new round of layoffs for US salaried workers - WSJ
    No content preview
    Warren Buffett just gave away nearly $5 billion of his wealth again—he could have been the world’s richest man if that’s what he actually wanted
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    Dodge, Ram, Alfa Romeo top J.D. Power initial quality survey
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    3M Settles ‘Forever Chemicals’ Litigation for Up to $12.5 Billion
    Lawsuits said the company’s PFAS, used in firefighting foam, contaminated drinking water.  ( 29 min )
    Private Jet Service Faces Turbulence, Shares Plunge 60%
    Shares of private jet service Wheels Up Experience tumbled 60% to an all-time low. The stock closed at $1.24. The company hired restructuring lawyers and is retooling its business model to try to survive the post-Covid era and [avoid a bankruptcy filing](https://www.wsj.com/articles/wheels-ups-jum  ( 20 min )
    Tesla’s Rally Is Showing Signs of Unraveling
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    Occidental Petroleum: Why one strategist loves the stock
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    Monthly Sector Review
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    'The Worst Investment You Can Make' That Americans Are Obsessed With: How To Avoid The 'Dead Money' Trap, According to Billionaire Financial Guru Grant Cardone
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    Mortgage crisis to wipe out savings of 1.2m households as repayments set to surge
    No content preview
    Nvidia board member cashes out on the chipmaker's surging stock, selling over 100,000 shares for $51 million
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    This Semiconductor Stock Defies Industry's Pullback
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    Market Update: DRI
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    These 3 Moves Could Significantly Boost Your Retirement Income
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    See 18 Top Growth Stocks Eyeing 78% To 2,900% EPS Gain In Q2
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    Bud Light only has itself to blame for sales plunge after caving to ‘extremist bullies,’ argues main LGBTQ advocacy group GLAAD
    No content preview
    'F--king Grifters': Spotify Exec Slams Prince Harry And Meghan Markle After Parting Ways — Here's How Much The Royal Couple Could Have Made From Their Podcast Deal
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    Turkey Nearly Doubles Interest Rates but Markets Say It Isn't Enough
    Turkey's currency and government bonds sold off after the central bank's first interest-rate increase in more than two years. Investors were hoping for a monster increase. And while the jump  ( 21 min )
    JPMorgan Mistakenly Deleted 47 Million Records, SEC Alleges
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    Gen X is ‘generation anxious’ about retirement—they think they need at least $1.5 million to make a go of it
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    Aeglea BioTherapeutics Stock Surges Over 400% Today - What's Going On
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    Lordstown Motors founder sells remaining stake in EV startup
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    Is Moderna Stock A Buy As It Doubles Down On Its Cancer Vaccine Efforts?
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    Cathie Wood Doubles Down on These 2 Innovation Stocks ⁠— Here’s Why You Might Want to Ride Her Coattails
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    Nearly 25% of Americans Bomb This Financial Quiz. Can You Do Better?
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    How The Rich (Legally) Avoid Paying Savings Account Taxes
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    Tesla Stock Downgraded For Second Time In Two Days. Is Tesla's 140% Run Ending?
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    It’s Time to Buy Anheuser-Busch, Says Analyst. Bud Light Headwinds Will Fade.
    Deutsche Bank analyst Mitch Collett upgrades shares of the maker of Bud Light to Buy from Hold.  ( 22 min )
    Save on Taxes Using Mega Backdoor Roths
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    Advisors Are Telling Clients to Stash Cash Here Right Now
    With the Federal Reserve raising its benchmark interest rate month after month, rates on lending products have climbed as well. Certificates of deposit (CDs) are no different. The average rate on a six-month CD has ticked back up to just … Continue reading → The post Are CDs Back? Where Advisors Are Telling Clients to Stash Cash as Rates Rise appeared first on SmartAsset Blog.  ( 8 min )
    How to Buy Land & Build Your Dream House in Just 4 Steps
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    Expert Says Too Many Americans Are Cashing Out Their 401(k) Plans
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    The 'Do Nothing' Portfolio That Can Help You Get Rich Without Doing Much At All
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    Here's how much money Americans think they need to retire comfortably
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    Rich & Wealthy Americans Are Moving to These States
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    Ford Venture Gets Record $9.2 Billion Government Loan for EV Batteries
    The commitment for three plants in the South’s battery belt is the largest in the history of the DOE Loan Programs Office.  ( 31 min )
    Bed, Bath & Beyond to sell IP to Overstock.com in bankruptcy, stores still set to close
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    Dow Jones Futures Fall After Jobless Claims; Powell Speech Later; Tesla Stock Slides On Downgrade
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    Oil tumbles 4%, with U.S. crude below $70, as BoE shocks markets
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    Accenture Tops Sales, Earnings Targets But New Bookings Fall Short
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    Accenture’s Earnings and Revenue Beat Estimates. Why the Stock Is Tumbling.
    Accenture expects fiscal 2023 revenue growth in the range of 8% to 9%, lower than previous projections.  ( 22 min )
    Market Digest: TECH, THO
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    Overstock wins auction for some Bed Bath & Beyond assets
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    Tesla Stock Is Downgraded Again. The Price Is Just Too High.
    Morgan Stanley analyst Adam Jonas downgrades Tesla shares to Hold from Buy while boosting his price target to $250 a share from $200.  ( 22 min )
    Deutsche Bank plans to cut 10% of 17,000 German retail jobs - source
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    Daily Spotlight: Three Signals from Dividend Growth
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: TECH, THO
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    Ask an Advisor: I'm 64 and Received a $50K Inheritance But I ‘Took a Bath' in the Stock Market Once Before. Should I Put It Into High-Yield Savings?
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    FedEx to shut down 29 more aircraft as demand shrinks
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    Americans are so indebted that it’s holding back the economy. These 4 key reforms could give them room to breathe
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    Daily – Vickers Top Buyers & Sellers for 06/22/2023
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    Stock futures fall ahead of Powell, after BOE hike: Stock market news today
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    These Stocks Are Moving the Most Today: Tesla, Nvidia, Spirit Aerosystems, KB Home, Accenture, and More
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    Nvidia Surge Fails to Rub Off on Those It Needs Most
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    Nvidia Surge Fails to Rub Off on Those It Needs Most
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    Fed, ECB may slash bank reserves by 90% in new era of high rates - paper
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    Nvidia Now Tops Tesla as ESG Funds Ratchet Up Exposure to AI
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    The stock market rally is being driven by FOMO with more upside likely, but there's a looming risk ahead, Bank of America says
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    Buffett Donates $4.6 Billion to Gates Foundation, Organizations Run by His Children
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    Dow Jones Futures Fall: Nasdaq Pullback Clearly Underway; Tesla Skids While Nvidia, AMD Diverge
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    US Curve Inversion Deepens to One Percentage Point After Powell
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    The S&P 500 could sink 23% in a recession, so investors should consider some downside protection, Goldman Sachs says
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    ‘The Air Taxi Sector Could Be Worth $58 Billion by 2033′: Canaccord Suggests One Stock to Invest in It With 140% Upside Potential
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  • Open

    Speelgoedsensatie Furby is terug van weggeweest
    De Furby, het pratende speelgoeddiertje dat in de jaren negentig de harten van veel kinderen veroverde, ligt binnenkort weer in de winkels. Spellenfabrikant Hasbro hoopt met de terugkeer van het speelgoed dezelfde rage te ontketenen als vroeger.  ( 3 min )
    Bestuurders woningcorporaties verhuren privé huizen tegen (te) hoge huur
    Bij een aantal woningcorporaties blijken bestuurders en commissarissen privé huizen te verhuren. Daar vragen ze vaak meer geld voor dan de overheid passend vindt. De corporaties wisten van niets, blijkt uit onderzoek van de NOS en Nieuwsuur.  ( 3 min )
    Exportverbod voor chipmachines naar China gaat volgende week al in
    ASML mag al vanaf 30 juni (bijna) geen nieuwe chipmachines meer naar China verschepen, meldt persbureau Bloomberg. Dat het exportverbod zou komen was al bekend, maar nog niet wanneer.  ( 3 min )
    Video | Waarom er geen bak met geld klaarstaat voor de Philips-nazaten
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In deze aflevering zie je de impact die Philips heeft gehad op Eindhoven. Verder bespreken nazaten waarom het bedrijf niet in de familie is gebleven.  ( 3 min )
    Steun voor plan om eisen te stellen aan huizenverkoop tot 355.000 euro onzeker
    Het plan om een deel van de goedkopere koopwoningen toe te wijzen aan mensen met een laag of middeninkomen staat op losse schroeven. Woensdag tekende zich nog een meerderheid af in de Tweede Kamer, maar de PVV krabbelt nu terug.  ( 5 min )
    Video | Hoe Philips nog steeds veel impact heeft op Eindhoven
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In deze aflevering zie je de impact die Philips heeft gehad op Eindhoven. Verder bespreken nazaten waarom het bedrijf niet in de familie is gebleven.  ( 3 min )
    Engelse kerk stapt uit Shell vanwege onvrede over klimaatbeleid
    Het pensioenfonds van de Church of England verkoopt zijn belangen in grote olie- en gasbedrijven. De anglicaanse kerk vindt dat deze bedrijven, waaronder Shell, niet genoeg doen om de klimaatdoelen van Parijs te halen.  ( 3 min )
    Turkse centrale bank verhoogt rente tot 15 procent om hoge inflatie te bestrijden
    De Turkse centrale bank heeft het belangrijkste rentetarief met 6,5 procentpunt verhoogd naar 15 procent. Het is de eerste stap sinds de herverkiezing van president Recep Tayyip Erdogan om de torenhoge inflatie te bestrijden en de koersval van de Turkse lira te stoppen.  ( 3 min )
    Flinke winststijging komt volgens Eneco niet door hoge prijzen voor klanten
    Door de oorlog in Oekraïne en de hoge gasprijzen kende Eneco een zeer onrustig 2022. Toch wist het bedrijf zijn winst op te schroeven. Maar volgens de energieleverancier komt dat niet door de hogere tarieven voor klanten.  ( 4 min )
    NU+ | Kantoorairco's loeien weer volop en de overheid doet niets: 'Gemiste kans'
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    Flinke winststijging Eneco komt niet door hoge prijzen voor klanten
    Door de oorlog in Oekraïne en de hoge gasprijzen kende Eneco een zeer onrustig jaar in 2022. Toch wist het bedrijf zijn winst op te schroeven, blijkt uit het jaarverslag dat donderdag is verschenen. De energieleverancier zegt dat dit niet komt door de hogere tarieven voor klanten.  ( 4 min )
    Lage en middeninkomens krijgen mogelijk meer kans op een koophuis
    Gemeenten kunnen mensen met lage en middeninkomens straks voorrang geven op de goedkopere koophuizen. Dat moet deze kopers meer kansen geven dan bijvoorbeeld investeerders op de woningmarkt. Woensdagavond schaarde een meerderheid van de Tweede Kamer zich achter de nieuwe Huisvestingswet van minister Hugo de Jonge (Volkshuisvesting).  ( 4 min )
    Bitcoinkoers komt voor het eerst in twee maanden boven 30.000 dollar uit
    De bitcoin stond woensdag voor het eerst sinds half april weer boven de 30.000 dollar (zo'n 27.300 euro). Dit komt onder meer doordat enkele grote vermogensbeheerders in de markt zijn gestapt.  ( 4 min )
    Minder koelen om energie te besparen? 'We moeten naar nieuwe sociale norm'
    Afgelopen winter raadde de overheid burgers en bedrijven aan om de verwarming op 19 graden te zetten. Door de hoge prijzen en de roep om energiebesparing ging het gasverbruik sterk omlaag. Maar in de zomer lijkt de aandacht voor besparing weer te verslappen, terwijl de airco's met name in kantoorgebouwen staan te loeien.  ( 4 min )
    Toezichthouder beschuldigt Amazon van misleiding met Prime-abonnementen
    Amazon is door de Amerikaanse toezichthouder FTC voor de rechter gedaagd, omdat het webwinkelbedrijf klanten zonder toestemming abonneert op zijn Prime-abonnementsdienst. Volgens de aanklacht heeft de techgigant het daarnaast heel moeilijk gemaakt om het abonnement op te zeggen.  ( 4 min )
    Koers bitcoin stijgt voor het eerst in twee maanden boven de 30.000 dollar
    De bitcoin stond woensdag voor het eerst sinds half april weer boven de 30.000 dollar (zo'n 27.300 euro). Dit komt onder meer doordat enkele grote vermogensbeheerders in de markt zijn gestapt.  ( 4 min )
    Werknemers in verpleeghuizen en thuiszorg krijgen flinke loonsverhoging
    Personeel in de verpleeghuiszorg en thuiszorg krijgt een salarisverhoging van 10 tot 14 procent. Daarvan profiteren 450.000 mensen. Met name de beginnende werknemers gaan erop vooruit.  ( 3 min )
    Met een pasfoto op papier zijn veel smartphones eenvoudig te hacken
    Heb je een goedkopere telefoon van Motorola, Nokia, OnePlus, OPPO of Xiaomi, dan kun je volgens de Consumentenbond beter geen gezichtsherkenning als beveiliging gebruiken. Met bijvoorbeeld een afgedrukte pasfoto is die beveiliging eenvoudig te omzeilen.  ( 3 min )
    Voor het eerst in 13 jaar rijden er weer Google Street View-auto's door Duitsland
    Binnenkort kun je Duitse straten weer virtueel verkennen in Google Maps. Vanwege privacybezwaren stopte Google in 2010 met Street View in Duitsland, maar dertien jaar later waagt het bedrijf een nieuwe poging.  ( 4 min )
    KPN neemt Nederlandse tak van provider Youfone over voor 200 miljoen euro
    Alle Nederlandse activiteiten van Youfone worden overgenomen door KPN. De provider maakt al gebruik van de netwerken van KPN en heeft in Nederland ruim 540.000 klanten. Daarmee was Youfone een van de grootste zelfstandige aanbieders in het land.  ( 3 min )
    NU+ | Gaat het écht zo slecht met de Nederlandse economie?
    Consumenten zijn de afgelopen maanden negatiever over de economie dan voorheen en bedrijven hebben in april minder geïnvesteerd dan een jaar geleden. Als we de cijfers moeten geloven, gaat het niet goed met de Nederlandse economie. Is dat echt zo? Of valt het allemaal wel mee?  ( 4 min )
    Langdurig verzuim blijft stijgen, vooral onder jongeren
    Steeds meer werkenden komen langdurig thuis te zitten. Het gaat dan vooral om psychische klachten als een burn-out. Vooral onder jongeren neemt het aantal toe. Dat melden arbodienstverleners Human Capital Care en ArboNed.  ( 3 min )
    NU+ | Moeten we ons zorgen maken over de Nederlandse economie?
    Consumenten zijn de afgelopen maanden negatiever over de economie dan voorheen en bedrijven hebben in april minder geïnvesteerd dan een jaar geleden. Als we de cijfers moeten geloven, gaat het niet goed met de Nederlandse economie. Is dat echt zo? Of valt het allemaal wel mee?  ( 4 min )
  • Open

    Markets Mixed Midday With Tech Stocks Lifting the Nasdaq
    U.S. equities were mixed at midday on June 22, 2023, with tech stocks helping to boost the Nasdaq.  ( 1 min )
    5 Things to Know Before Markets Open
    Federal Reserve Chair Jerome Powell returns to Capitol Hill to testify before the Senate and the Bank of England hikes rates more than expected. Here’s what investors need to know today.  ( 1 min )
  • Open

    Robinhood Buys Credit Card Provider X1 for $95 Million
    Robinhood agreed to buy credit card provider X1 for $95 million in a move that could help the trading platform diversify its income stream.  ( 1 min )
    Spirit AeroSystems Shares Slide as Production Shuts Down Ahead of Strike
    Shares of Spirit AeroSystems tumbled as the airplane parts manufacturer suspended factory operations ahead of a strike by its union employees.  ( 1 min )
    Overstock Wins Auction for Some Bed Bath & Beyond Assets for $21.5 Million
    Overstock won an auction for some of Bed Bath & Beyond's intellectual property rights and digital assets for $21.5 million.  ( 1 min )

  • Open

    Top Pork Producer Says Loss-Making US Farmers Will Shrink Herds
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    The Ultimate Warren Buffett Stock Is In A Buy Zone, But Should You Buy It?
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    The Bud Light Boycott Dented Sales. These Companies Are Also Being Targeted.
    Starbucks, Target, and Cracker Barrel have also faced criticism and boycotts from those unhappy with their support of the LGBTQ community this year.  ( 22 min )
    Nvidia Stock Nearly Triples In 2023 On AI Boost — Is It A Buy?
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    Nvidia Stock Could Be Headed for a Fall. One Firm Explains Why.
    AI is a big deal, but shares have come too far, too fast.  ( 22 min )
    3 REITs With Double-Digit Dividends And Returns
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    Crypto Surges After Powell Says It Has “Staying Power As An Asset Class”
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    Top Dividend Stocks: Steady Medtronic Raises Dividend For 46th Straight Year
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    Car-Insurance Firm Root Gets Takeover Bid
    Embedded Insurance offered $19.34 a share, hasn’t managed to negotiate a deal.  ( 27 min )
    Traders Bailed Out of Nasdaq ETF Just as It Started Falling
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    Oil, copper prices flash signs of recession
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    Warren Buffett's Late-Night Phone Call In 2008 May Have Sparked The Most Successful Yet Hated Program In The 'History of Mankind' – And Saved The Economy
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    Chipmaker Intel restructures manufacturing business
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    'Recession Will Likely Be Necessary': JPMorgan Just Issued A Strong Warning About Stocks, Says The Impact Of Spiking Rates Has 'Yet To Be Felt'
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    Morgan Stanley expects the stock market to plunge. Others aren't so sure.
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    Bitcoin Jumps on Speculation BlackRock ‘May Know Something’
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    Elon Musk's 10 Children Won't Automatically Inherit Shares Of His Companies – He Said It Would Be A Mistake
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    Analyst Report: Expedia Group Inc
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    Short Bets on US Stocks Hit $1 Trillion, Most Since April 2022
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    Market Update: SNY, EXPE, EXPE
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    Billionaire Ken Griffin Says the Chinese Equity Market Is Incredibly Attractive — Here Are 3 Stocks to Take Advantage
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    Dow Jones Reverses As Fed's Powell Hints 5.25% Rate Soon; Tesla, Amazon Move On Analyst Ratings
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    'Their Role Isn't To Educate Society': Kevin O'Leary Just Ripped Mark Cuban's Claim That 'Going Woke Is Good For Business,' Warns That You Risk Alienating 50% Of Your Customers
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    What's Going On With AMD Stock Wednesday
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    FTC Sues Amazon. The Stock Is Sliding.
    The Federal Trade Commission is suing Amazon for attempting to enroll consumers in Amazon Prime without their consent and complicating effo  ( 21 min )
    Nvidia, Other Chip Stocks Sell Off
    It’s not a misprint. Chip stocks are trading lower once again on Wednesday. The PHLX Semiconductor Index was down 2% in morning trading, continuing a recent selloff for the stock market’s most popular trade. Many of the S&P 500’s biggest laggards were chipmakers. Advanced Micro Devices fell mor  ( 20 min )
    Intel Stock Drops Ahead of Foundry Event Today. Here’s What to Expect.
    Mizuho analyst Jordan Klein on Wednesday said it's likely Intel will walk through the timing of foundry expansion plans globally.  ( 22 min )
    Stocks to Watch Wednesday: FedEx, Coinbase, Marathon Digital
    ↘️ FedEx (FDX): The delivery giant posted a drop in revenue for the third straight quarter due to weaker demand. Its stock fell around 1.7%. ↗️ [*  ( 20 min )
    These Semiconductor Stocks Are 'The Four Horsemen Of AI'
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    Modi’s Vision for India Rests On Six Giant Companies
    Conglomerates are executing projects with a scale and speed that have eluded India in the past.  ( 25 min )
    Tesla: Are investors 'finally realizing' that it's an AI firm? One analyst thinks so.
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    The Ultra-Wealthy Love This $579 Billion Recession-Proof Industry Outperforming The S&P 500
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    Tesla downgraded, Adobe upgraded: Wall Street's top analyst calls
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    Down More Than 40%: Analysts Say Buy These 2 Beaten-Down Stocks Before They Rebound
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    Tesla Stock Downgraded; Elon Musk Hints At India Tesla Manufacturing Plant
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    Stocks fall as Powell points to more rate hikes: Stock market news today
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    EUR/USD Forecast – Euro Consolidates on Wednesday
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    Dow Jones Futures Fall As Powell Expects More Rate Hikes; Tesla Stock Downgraded
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    The Shocking Average Retirement Age in the US: Where Do You Stack Up?
    Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.  ( 8 min )
    Do You Actually Make Enough to be Considered Middle Class in These American Cities?
    The middle class has long been considered the backbone of the American economy. But the American middle class is shrinking. The percentage of adults living in middle-income households in the United States fell by more than 10 percentage points over … Continue reading → The post What It Takes to Be Middle Class in America's Largest Cities – 2023 Study appeared first on SmartAsset Blog.  ( 10 min )
    Intel to sell 20% stake in Austrian chip company
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    Fed’s Powell Says Higher Interest Rates Needed to Curb Inflation
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    Dow Jones Futures Await Fed Chief Powell; Market Rally Resists Pullback As Tesla, Nvidia Run
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    Two Of The World's Richest Men Loaded Up On The Exact Same Stock
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    Technical Assessment: Bearish in the Intermediate-Term
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    Tesla Stock Is Downgraded as Investors ‘Disregard’ Fundamentals
    Barclays analyst Dan Levy downgrades Tesla stock to Hold from Buy while hiking his price target to $260 a share from $220.  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 06/21/2023
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    Analyst Report: PPL Corp
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    Analyst Report: Adobe Inc
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    Analyst Report: Advance Auto Parts Inc
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    Daily – Vickers Top Insider Picks for 06/21/2023
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    FedEx posts mixed fiscal Q4 results
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    Coinbase waged unusual legal defense ahead of SEC's crypto crackdown
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    Analysis-US Treasury bond spree could jolt markets if leveraged bets unravel
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    Bitcoin Price Spikes to $138K on Binance.US
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    Alibaba founders Jack Ma, Joe Tsai appear in Hangzhou in show of confidence amid corporate reshuffling
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    These Stocks Are Moving the Most Today: FedEx, Tesla, Amazon, Peloton, and More
    Shipping giant FedEx issues guidance that disappoints, and Tesla CEO Elon Musk says the electric-vehicle maker will be expanding into India 'as soon as humanly possible.'  ( 22 min )
    Goldman Strategists See Many Reasons for Hedging S&P 500 Rally
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    Stocks Struggle Before Powell; BoE Rate Bets Rise: Markets Wrap
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    Apple’s Taiwan Suppliers See Sales Falter Again on Slow Demand
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    At 3M, Lawsuits Threaten to Transform the Company
    Analysts say a dividend cut and a heavier debt load loom for the Scotch tape maker amid potential settlement payments costing billions.  ( 30 min )
    China unveils $72 billion tax break for EVs, other green cars to spur demand
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    Dow Jones Futures: Bulls Resist Pullback As Tesla, Nvidia Run; 5 Stocks Near Buy Points
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    Jeffrey Epstein got $300 million in US Virgin Islands tax incentives, JPMorgan says
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    Cesium Wars: Why Are China and North America Fighting Over This Rare Metal?
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  • Open

    S&P 500 Index: What It’s for and Why It’s Important in Investing
    The S&P 500 Index (Standard & Poor's 500 Index) is a market-capitalization-weighted index of the 500 leading publicly traded companies in the U.S.  ( 27 min )
    Permanent Life Insurance: Definition, Types, and Difference from Term Life
    Permanent life insurance refers to coverage that never expires, unlike term life insurance, and combines a death benefit with a savings component.  ( 25 min )
    Clear Title: Definition and Importance in Real Estate
    A clear title is a title without any kind of impairment, lien, or levy from other parties that poses no question as to legal ownership.  ( 23 min )
    Mutual Funds vs. Money Market Funds
    Mutual funds and money market funds are both pools of money invested by professional money managers, but a money market fund invests only in low-risk, short-term debt.  ( 19 min )
    Top 10 Countries With the Highest Demand for Gold Jewelry
    India and China bought more gold jewelry in Q4 2019 than all of South America, Africa, North America, and Europe combined. The U.S. was the third biggest consumer.  ( 21 min )
    Understanding Tail Risk and the Odds of Portfolio Losses
    Tail risk is portfolio risk that arises when the possibility that an investment will move more than three standard deviations from the mean is greater than what is shown by a normal distribution.  ( 20 min )
    Core Retail Sales Definition
    Core retail sales is an economic indicator of the strength of retail in the U.S. It excludes certain highly volatile categories such as gasoline.  ( 21 min )
    Entity Trading Account Definition
    An entity trading account is a dedicated account type belonging to a legal entity such as a corporation or limited partnership.  ( 19 min )
    Top CD Rates Today, June 21, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Jack Ma's Net-Worth and Influence
    Jack Ma is the founder and executive chairman of Alibaba Group Holding Ltd. Learn more about his successes and rise to affluence in the tech industry.  ( 24 min )
    Retiree Healthcare Expenses Expected to Hold Steady on Drug Cost Outlook
    Fidelity projects average healthcare costs for retirees will stay steady for the first time in nearly a decade, thanks to anticipated limits on out-of-pocket costs for prescription drugs.  ( 16 min )
    US Approves Lab-Grown Meat Sales By Two Start-Ups
    Good Meat, a subsidiary of Eat Just Inc., and Upside Foods received approval from the USDA to sell meats cultivated from animal cells in a lab.  ( 17 min )
    Minimum Spend Definition
    "Minimum spend” refers to the minimum amount of money a customer must spend in order to qualify for the sign-up bonus associated with a credit card.  ( 18 min )
    Markets Drop for 3rd Day as Powell Sees More Rate Hikes
    Markets drop for 3rd straight day on Wednesday, June 21, 2023, as Fed's Powell sees more interest rate hikes ahead.  ( 16 min )
    Dow Jones Today: Index Slips on Signs of Higher Rates Ahead
    The Dow Jones Industrial Average fell 0.3%, or 102 points, Wednesday after Federal Reserve Chair Jerome Powell warned investors that more rate hikes lie ahead.  ( 16 min )
    Is the CD Rate Climb Losing Steam?
    New national rate averages released this week show that the surge in CD rates may be flattening out, with only the shortest terms showing any strong upward movement.  ( 19 min )
    FTC Charges Amazon With Illegal Practices Related to Prime Memberships
    The FTC filed a complaint against Amazon, claiming the online retailer duped customers to sign up for its Prime membership without their consent, and made it difficult for them to cancel subscriptions.  ( 18 min )
    Retail Sales: Definition, Measurement, as an Economic Indicator
    Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )
    What Exactly Does the EBITDA Margin Tell Investors About a Company?
    EBITDA stands for earnings before interest, taxes, depreciation and amortization. The margin provides investors with a snapshot of a firm's short-term operational efficiency.  ( 21 min )
    How Ford Makes Money
    Ford gets the vast majority of its revenue from vehicle sales and financial services.  ( 23 min )
    Fed Will Raise Interest Rate at a 'More Moderate Pace,' Chair Powell Says
    The Federal Reserve is likely to raise its benchmark interest rate at “a more moderate pace” than the fast-and-furious rate hikes of the previous 15 months, Fed chair Jerome Powell told lawmakers.  ( 17 min )
    Lambda: What it is, How it Works, Application
    Lambda is the percentage change in an option contract's price to the percentage change in the price of the underlying security.  ( 18 min )
    Health Insurance for LGBTQ+ People
    Thanks to recent changes, most LGBTQ+ people have access to health insurance. But some still can't afford health care, and gender-affirming care can be particularly challenging.  ( 26 min )
    Britcoin: The Digital Pound
    Britcoin refers to the initiative in the U.K. for a digital pound that would not be a cryptocurrency or crypto asset but issued by the Bank of England and backed by the government.  ( 20 min )
    How to Find an LGBTQ+-Friendly Financial Planner
    Finding a financial advisor who caters to the specific financial needs of an LGBTQ+ person can make all the difference.  ( 27 min )
    Firsts for American LGBTQ+ People
    Celebrating some of the "firsts": times when American LGBTQ+ people smashed through barriers in politics, business, and culture.  ( 24 min )
    Mortgage Rates Dip Across Every Non-Jumbo Loan Type
    Rates fell for almost all mortgage types, with the 30-year average sinking to its lowest level in five weeks. An exception was jumbo loans, whose various averages were flat.  ( 19 min )
    Hostile Takeover Explained: What It Is, How It Works, Examples
    A hostile takeover is the acquisition of one company by another without approval from the target company's management.  ( 27 min )
    How To Buy Car Insurance for a New Car
    When you buy a new vehicle, you need to have car insurance. Learn how to buy car insurance for a new car and helpful tips you can use to save some money.  ( 22 min )
    Central Limit Theorem (CLT): Definition and Key Characteristics
    The central limit theorem (CLT) states that the distribution of sample means approximates a normal distribution as the sample size gets larger.  ( 24 min )
    A Recession Alarm is Ringing: How Long Do We Have?
    The yield curve has been inverted since July 2022. In the past, a recession has followed. But will that be the case this time?  ( 16 min )
    Markets Mixed Midday After Fed Chair Powell's Comments on Interest Rate Hikes
    U.S. equities were mixed at midday on Wednesday, June 21, 2023 as Fed Chair Powell told Congress interest rates need to go higher to fight inflation.  ( 16 min )
    What Is M-Pesa? Definition, How Service Works, and Example
    M-Pesa is a mobile banking service that allows users to store and transfer money through their mobile phones.  ( 20 min )
    Google Cloud Launches AI-Powered Anti-Money Laundering Tool for Banks
    Google Cloud launched an AI-powered product for banks to help detect money laundering more effectively.  ( 16 min )
    Forex Market Hours: Can You Trade 7 Days a Week?
    Forex market hours are the periods of time when traders and investors are able to conduct transactions in the foreign exchange market, which is open five days a week.  ( 20 min )
    Synchrony Bank CD Rates: June 2023
    If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 21 min )
    Winnebago Sales Hurt by Falling Demand, Discounting
    Shares of RV maker Winnebago slid as sales missed estimates because of weak demand and price cuts.  ( 16 min )
    FedEx Sales Fall as Pandemic Shipping Boom Eases
    FedEx sales slipped as the pandemic boom in shipping demand slowed.  ( 16 min )
    How Financial Advisors Can Protect Themselves Against Lawsuits
    Here are some guidelines you need to adhere to in order to avoid getting sued as an advisor and to avoid disruptions to your business life from a lawsuit.  ( 26 min )
    China Launches New EV Tax Break in Effort To Boost Lagging Demand
    China on Wednesday unveiled a $72.3 billion tax break for buyers of electric vehicles (EVs)—its biggest yet for the EV market—in an effort to boost lagging auto sales and consumer spending.  ( 17 min )
    Unified Payments Interface (UPI): Definition and How It Works
    A Unified Payments Interface (UPI) is a smartphone application which allows users to transfer money between bank accounts.  ( 20 min )
    Lottery Bond Definition
    A lottery bond is issued by the U.K.'s National Savings and Investment, which offers the holder a chance to win a monthly drawing for tax-free cash.  ( 23 min )
    Footsie
    Footsie is slang for the Financial Times-Stock Exchange 100 Share Index (FTSE 100).  ( 21 min )
    5 Things to Know Before Markets Open
    Federal Reserve Chair Jerome Powell will testify to Congress and FedEx shares fall in pre-market trading as its delivery volumes decline. Here’s what investors need to know today.  ( 17 min )
    London Stock Exchange (LSE): Definition, History, and Major Events
    The London Stock Exchange (LSE) is the main stock exchange in the United Kingdom. The LSE provides access to electronic trading for thousands of stocks.  ( 21 min )
    Gilt-Edged Securities: Definition, History, and Current Uses
    Gilt-edged securities are high-grade investment bonds offered by governments and blue-chip companies as a means of borrowing money.  ( 20 min )
    Saïd Business School (SBS) Definition
    Saïd Business School (SBS) is the business school at Oxford University, and offers graduate programs in finance, business, and management.  ( 23 min )
    Big Bang: Deregulation of the London Stock Exchange (LSE)
    The Big Bang refers to the day the stock market was deregulated in London on October 27, 1986.  ( 19 min )
  • Open

    Prijzen van koopwoningen blijven dalen
    De prijzen van koopwoningen zijn in mei voor de vierde maand op rij gedaald. De prijzen van bestaande koopwoningen waren gemiddeld bijna 6 procent lager dan een jaar eerder.  ( 3 min )
    In Amerikaanse luxerestaurants staat binnenkort (nep)kip op het menu
    Het Amerikaanse ministerie van Landbouw heeft woensdag de verkoop van (nep)vlees op basis van dierlijke cellen goedgekeurd. Daardoor kunnen Amerikanen binnenkort in het laboratorium gekweekt kippenvlees eten. Dat begint bij luxerestaurants. Het kan nog jaren duren voordat het in supermarkten ligt.  ( 3 min )
    NU+ | Zo is het om bij Tata Steel te wonen: 'Ramen onder de zwarte derrie'
    Zwart stof en de geur van rottende eieren, maar ook economische voorspoed: Tata Steel verdeelt de regio IJmond al jaren. Hoe is het om in de buurt te wonen van dit vervuilende, maar voor de regio erg belangrijke complex?  ( 4 min )
    Zweden bewijst waarom bijna gratis kinderopvang wél kan werken
    Het voornemen om kinderopvang in 2027 bijna gratis te maken heeft veel kritiek ontvangen. Planbureaus SCP en CPB vinden dat het plan maar weinig effect heeft op arbeidsdeelname van vrouwen. Maar in Zweden werkt een systeem van bijna gratis opvang wel. Wat kunnen we daarvan leren?  ( 7 min )
    Emancipatie van vrouwen in Nederland loopt achter op buurlanden
    Nederland loopt achter op België en Duitsland als het gaat om het verkleinen van de kloof tussen mannen en vrouwen. Vooral de economische en politieke kansen zijn in ons land niet gelijk verdeeld.  ( 3 min )
    Teleurstelling dreigt voor een miljoen mensen met mager pensioen
    De AFM waarschuwt voor grote teleurstellingen bij mensen die denken dat ze een goed pensioen opbouwen, maar dat in werkelijkheid niet doen. Bij een miljoen mensen die pensioen opbouwen via verzekeraars of premiepensioeninstellingen, wordt volgens de financiële waakhond te weinig geld opzijgezet.  ( 4 min )
    Heineken lijft brouwer van speciaalbieren Oedipus in
    De Amsterdamse bierbrouwer Oedipus komt in handen van Heineken. De nieuwe eigenaar had al een minderheidsbelang en heeft sinds deze maand 100 procent van de aandelen in handen. Dat bevestigt een woordvoerder na berichtgeving van Het Parool.  ( 3 min )
    Huiseigenaren maakten dit jaar massaal bezwaar tegen WOZ-waarde
    Bijna 600.000 woningbezitters hebben dit jaar bezwaar gemaakt tegen de WOZ-waarde die gemeente had vastgesteld. Dat zijn er bijna drie keer zoveel als vorig jaar. Als de huiseigenaren zo de woningwaarde omlaag krijgen, zijn ze ook minder kwijt aan lokale belastingen.  ( 3 min )
    AFM vreest voor teleurstelling over miljoen magere pensioenen
    De AFM waarschuwt voor grote teleurstellingen bij mensen die denken dat ze een goed pensioen opbouwen, maar dat in werkelijkheid niet doen. Bij een miljoen mensen die pensioen opbouwen via verzekeraars of premiepensioeninstellingen, wordt volgens de financiële waakhond te weinig geld opzijgezet.  ( 4 min )
    Supermarkten passeren afwijzing FNV en geven 10 procent loonsverhoging
    De ongeveer 300.000 werknemers in de supermarkten kunnen vanaf september rekenen op een loonsverhoging van 10 procent. Het Vakcentrum en vakbond CNV Vakmensen zijn het eens geworden over een nieuwe cao. De FNV doet niet mee en staat dus buitenspel.  ( 3 min )
    Loonsverhoging supermarkten dichtbij, maar FNV-leden wijzen voorstel af
    Supermarktpersoneel krijgt deze zomer mogelijk een loonsverhoging van gemiddeld 10 procent. Maar het is de vraag of dat doorgaat, omdat de leden van vakbond FNV het voorstel van de supermarkten in een stemming hebben afgewezen. Opvallend genoeg is vakbond CNV wél akkoord gegaan.  ( 3 min )
    Recessie Duitse economie dieper dan verwacht door hardnekkige inflatie
    De Duitse economie krimpt dit jaar waarschijnlijk meer dan eerder gedacht. Vooral de hoge inflatie en energieprijzen zitten de oosterburen in de weg.  ( 3 min )
    Bedrijf achter beroemde weckpotten vraagt na 123 jaar faillissement aan
    Het Duitse bedrijf J. Weck, dat de bekende inmaakpotten op de markt brengt, heeft faillissement aangevraagd. De potten zorgen ervoor dat bijvoorbeeld groenten en fruit lang goed blijven en werden zo populair dat wecken in het woordenboek is opgenomen. Nu komt na 123 jaar waarschijnlijk een einde aan het bedrijf.  ( 3 min )
    Bedrijf achter beroemde weckpotten op de fles
    Het Duitse bedrijf J. Weck, dat de bekende inmaakpotten op de markt brengt, heeft faillissement aangevraagd. De potten zorgen ervoor dat bijvoorbeeld groenten en fruit lang goed blijven en werden zo populair dat wecken in het woordenboek is opgenomen. Nu komt na 123 jaar waarschijnlijk een einde aan het bedrijf.  ( 3 min )
    Tinder start campagne om nare seksuele ervaringen bij gebruikers te voorkomen
    Tinder gaat zijn gebruikers samen met het Centrum Seksueel Geweld voorlichting geven over seksueel geweld. De campagne zet in op het voorkomen van nare seksuele ervaringen en op hulp erna.  ( 4 min )
    Tinder geeft gebruikers voorlichting over seksueel geweld
    Tinder gaat zijn gebruikers samen met het Centrum Seksueel Geweld voorlichting geven over seksueel geweld. De campagne zet in op het voorkomen van nare seksuele ervaringen en op hulp erna.  ( 4 min )
    Stijgende prijzen van vliegtickets en computerspellen houden Britse inflatie hoog
    Het leven in het Verenigd Koninkrijk is in mei 8,7 procent duurder geworden ten opzichte van dezelfde maand vorig jaar. Dat is fors meer dan de 2 procent inflatie die de Britse centrale bank voor ogen heeft.  ( 3 min )
    Bijna miljoen auto's meer verkocht in Europa dan jaar eerder
    In de Europese Unie zijn vorige maand bijna een miljoen auto's meer verkocht dan in mei vorig jaar.  ( 3 min )
    Mastercard gaat creditcards en betaalpassen recyclen
    Betalingsbedrijf Mastercard gaat wereldwijd creditcards en betaalpassen recyclen. Het gaat om miljarden kaarten die in omloop zijn. Mastercard wil daarmee voorkomen dat de passen op de stortplaats belanden.  ( 3 min )
    Bedrijven investeren ruim 2 procent minder in april
    Bedrijven in ons land hebben in april 2,4 procent minder geïnvesteerd ten opzichte van dezelfde maand een jaar eerder. Ze staken vooral minder geld in woningen.  ( 2 min )
    Consumenten opnieuw iets negatiever over economie
    Consumenten waren in juni iets negatiever over de economie dan een maand eerder. Het consumentenvertrouwen is daarmee voor de tweede maand op rij iets verslechterd. De koopbereidheid van consumenten nam daarbij af.  ( 3 min )
    Eten en drinken in plastic wordt duurder door nieuwe regels
    Vanaf 1 juli mogen horeca, tankstations, supermarkten en speciaalzaken geen eten en drinken in (deels) plastic verpakkingen meer verkopen, zonder daar een toeslag voor te rekenen. Ze kunnen een alternatief aanbieden in de vorm van herbruikbare verpakkingen, die zij aanbieden of jij zelf meeneemt om te laten vullen. Daar lijkt in de praktijk weinig van terecht te komen, blijkt uit een rondgang van NU.nl.  ( 5 min )
  • Open

    US Approves Lab-Grown Meat Sales By Two Start-Ups
    Good Meat, a subsidiary of Eat Just Inc., and Upside Foods received approval from the USDA to sell meats cultivated from animal cells in a lab.  ( 1 min )
    FTC Charges Amazon With Illegal Practices Related to Prime Memberships
    The FTC filed a complaint against Amazon, claiming the online retailer duped customers to sign up for its Prime membership without their consent, and made it difficult for them to cancel subscriptions.  ( 1 min )
    Winnebago Sales Hurt by Falling Demand, Discounting
    Shares of RV maker Winnebago slid as sales missed estimates because of weak demand and price cuts.  ( 1 min )
    Google Cloud Launches AI-Powered Anti-Money Laundering Tool for Banks
    Google Cloud launched an AI-powered product for banks to help detect money laundering more effectively.  ( 1 min )
    FedEx Sales Fall as Pandemic Shipping Boom Eases
    FedEx sales slipped as the pandemic boom in shipping demand slowed.  ( 1 min )
  • Open

    Markets Drop for 3rd Straight Day as Powell Sees More Interest Rate Hikes Ahead
    Markets drop for 3rd straight day on Wednesday, June 21, 2023, as Fed's Powell sees more interest rate hikes ahead.  ( 1 min )
    Markets Mixed Midday After Fed Chair Powell's Comments on Interest Rate Hikes
    U.S. equities were mixed at midday on Wednesday, June 21, 2023 as Fed Chair Powell told Congress interest rates need to go higher to fight inflation.  ( 1 min )
    5 Things to Know Before Markets Open
    Federal Reserve Chair Jerome Powell will testify to Congress and FedEx shares fall in pre-market trading as its delivery volumes decline. Here’s what investors need to know today.  ( 1 min )

  • Open

    ‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
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    Plunging Solar Stocks Fly in the Face of Booming Panel Demand
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    Market Update: ES, SKX
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    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
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    The housing market isn't recovering and will send home sales to a new low as mortgage rates stay elevated, Pantheon Macroeconomics says
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    FedEx’s Guidance Disappoints the Street. The Stock Is Down.
    For the coming fiscal year, the logistics company expects to earn between $16.50 and $18.50 a share. Wall Street was looking for about $18.30 a share.  ( 22 min )
    Ryan Reynolds Sold His Company For $1.3 Billion; Now He's Investing In Something He Knows Nothing About
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    Top CD Rates Today, June 20, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Dow Jones Dips As Boeing Stock Dives On This; These Warren Buffett Stocks Are Near Entries
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    FedEx Quarterly Sales Fall 10% as Shipping Struggles Continue
    The delivery company plans to merge Express, Ground networks in Canada.  ( 27 min )
    How to Manage Income During Retirement
    Moving from a paycheck to multiple retirement income is complicated. Understanding retirement income types and how to manage them can be beneficial.  ( 26 min )
    FedEx Stock Slumps On Mixed Results, Soft Guidance
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    FedEx Stock Slips After Earnings
    Shares of FedEx were down 4% afterhours on Tuesday following the release of its fourth-quarter and full-year financial results. The company reported $21.9 billion of revenue, off consensus estimates above $22.5 billion , according to FactSet. Earnings beat analysts' expectations of $4.85 per share,  ( 20 min )
    Bill Ackman cites his best investments, praises Elon Musk, and warns against following conventional wisdom. Here are his best 6 quotes.
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    Billionaire Steve Cohen Says He's Optimistic The Market Is Going Up — Investors Are Too Focused On A Recession While These AI Stocks Keep Climbing
    Wall Street investment banks and economists have been warning of an impending economic downturn for almost two years, but the economy has managed to remain resilient despite factors like stubborn inflation and the Federal Reserve’s aggressive interest rate hikes. See Next: New Battery Beats Tesla’s Lithium-Ion By A Mile With 50% Cheaper Price Tag, 99% Recyclable and Three Times Longer Lifespan Now, with the rapid advancement of artificial intelligence (AI) technology, particularly after the rele  ( 9 min )
    A whistleblower raised safety concerns about OceanGate’s submersible in 2018. Then he was fired.
    The director of marine operations at OceanGate, the company whose submersible went missing Sunday on an expedition to the Titanic in the North Atlantic, was fired after raising concerns about its first-of-a-kind carbon fiber hull and other systems before its maiden voyage, according to a filing in a 2018 lawsuit first reported by Insider and New Republic. David Lochridge was terminated in January 2018 after presenting a scathing quality control report on the vessel to OceanGate’s senior management, including founder and CEO Stockton Rush, who is reportedly on board the missing vessel.  ( 9 min )
    Canadian Solar Stock Burning Up The Charts, Triple-Digit Profits; Gets Rating Upgrade
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    Oil Prices Fall on News From China
    Oil prices were slipping in Tuesday trading, weighed down from news in China, according to Edward Moya, senior market analyst at OANDA. Earlier in the day, China slashed its benchmark lending rates fo  ( 22 min )
    Weekly Stock List
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    Boeing Stock Falls, Airbus Rises Amid These Big Jet Orders From Paris Air Show
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    An irked boss who owed an employee $915 paid with 91,500 dirty, oily pennies. That cost him.
    Georgia auto shop owner Miles Walker has to pay Andreas Flaten and 8 coworkers nearly $39,934 in a judgment after originally paying in dirty pennies.  ( 7 min )
    Schwab and Fidelity-Backed Crypto Exchange EDX Goes Live, Adds More Backers
    EDX Markets, a cryptocurrency platform backed by Charles Schwab, Fidelity and Ken Griffin's Citadel Securities, launched trading for bitcoin, ether, litecoin, and bitcoin cash.  ( 18 min )
    2 Best Chip Stocks to Play the AI Boom, Says Analyst
    Bernstein analyst Stacy Rasgon says Nvidia and Broadcom are the ideal chip stocks to benefit from the rising demand for artificial-intelligence semiconductors.  ( 22 min )
    Virgin Galactic still has meme stock power
    Investors snapped up shares of Virgin Galactic (SPCE) after Richard Branson’s space tourism firm finally announced plans to begin commercial service at the end of this month.  ( 7 min )
    Warren Buffett Says, 'There's Nothing Better' Than This Strategy If You 'Do It At The Right Price.' Here Are 3 Companies Leading The Pack In This Area
    Companies can allocate their funds in various ways to create shareholder value. But in the eyes of legendary investor Warren Buffett, one method stands out above all others. “If you do it at the right price, there’s nothing better than buying in your own business,” the Berkshire Hathaway CEO said during his company’s annual shareholders meeting in 2022. Buffett was referring to stock buybacks. Basically, a company can repurchase its own shares from the open market, effectively reducing the numbe  ( 9 min )
    Is Palantir Stock A Buy On Its Artificial Intelligence Prospects?
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    Boeing Racks Up Orders In Paris. The Stock Falls Anyway.
    Airbus disclosed what one analyst described as a "monster order," but shares of the company barely moved.  ( 22 min )
    Five S&P 500 Stocks To Buy And Watch In Today's Market
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    AT&T Sees Drop in Postpaid Subscribers. But It’s Not All Bad News.
    AT&T says second-quarter free cash flow is expected at between $3.5 billion and $4 billion.  ( 25 min )
    Abu Dhabi to Take 7% Stake in Chinese Electric Vehicle Maker Nio
    (Bloomberg) -- The government of Abu Dhabi is taking a 7% stake in Nio Inc. and will gain a board seat, giving the electric carmaker a capital infusion as it contends with losses and uncertain demand in China’s competitive EV market.Most Read from BloombergAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpThese Are World’s Most Expensive Cities for High-Class LivingTucker Carlson's Fox Defense Crumbled When He Took MillionsSingapore’s Grab Plans Biggest Job-Cut Round Since PandemicOxygen W  ( 7 min )
    Bill Gates’ venture firm, with backing from Jeff Bezos and Jack Ma, just minted a $1 billion A.I. unicorn that uses machine learning for mining rare earth metals crucial for EVs
    Mary Meeker and Andreessen Horowitz were also involved in the $250 million funding round.  ( 7 min )
    Oil Falls Near $75 as Risk-Off Mood Outweighs China Stimulus
    (Bloomberg) -- Oil switched between narrow gains and losses in London, fluctuating with wider markets after China began a gradual roll-out of measures to aid its economy. Most Read from BloombergAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpTucker Carlson's Fox Defense Crumbled When He Took MillionsThese Are World’s Most Expensive Cities for High-Class LivingSingapore’s Grab Plans Biggest Job-Cut Round Since PandemicXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesBrent  ( 7 min )
    Rivian Factory Sale Shows EV Orders Aren’t All They’re Cracked Up to Be
    The electric-vehicle maker held a one-day sale on Saturday, indicating that auto investors are going to have to start tracking inventories of unsold cars and trucks.  ( 22 min )
    China's Nio to get near $740 million investment from Abu Dhabi-backed firm
    Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in the Chinese electric vehicle maker. The news sent Nio's U.S.-listed shares down about 3% at $9.12. Nio and peers Xpeng and Li Auto are among the companies competing to grab a larger EV market share in the world's largest automotive market dominated by BYD.  ( 6 min )
    These 10%-Yielding Dividend Stocks Are Bargain Buys, Says Analyst
    What to do when the conventional wisdom and the market sentiment are tugging in different directions? It’s happening now, with markets registering strong year-to-date gains even though elevated inflation and high interest rates are threatening a credit crunch and starting to crimp consumer spending. B. Riley’s chief investment strategist, Paul Dietrich has been watching the markets closely, noting, “The jump in the S&P 500’s big tech stocks is hiding concerns among investors that the U.S. is abo  ( 10 min )
    Daily Spotlight: Global Demand for U.S. Debt
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    Buy Philip Morris Stock, Analyst Says. Its Next-Gen Tobacco Device Is ‘Under-Valued.’
    Philip Morris International stock is down about 6% through Friday's close this year, compared with the S&P 500's 15% rise.  ( 22 min )
    What's Going On With Alibaba Stock Tuesday
    A lot has been brewing at Alibaba Group Holding Limited (NASDAQ: BABA) lately. The stock has been trading lower Tuesday following reports of Alibaba naming Eddie Wu, one of the company's co-founders and current Chair of Taobao and Tmall Group, succeeding Daniel Zhang as CEO, effective September 10. Post-transition, Zhang will continue leading the Alibaba Cloud Intelligence Group as its Chair and CEO. Alibaba co-founder Jack Ma held a small group meeting with executives from the company's e-comme  ( 7 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Dice Therapeutics Stock Catapults To Record High On $2.4 Billion Eli Lilly Buyout
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    $1.5 Million Will Buy You This Much Retirement
    If you find yourself with $1.5 million in retirement savings, you're doing more than five times better than the average retiree, who only has $279,997. It is true that $1.5 million can last indefinitely in retirement if you don't spend … Continue reading → The post How Long Will $1,500,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    This Is How Much Money It Takes to be Rich in America
    Earning more money can make it easier to pay the bills, fund your financial goals and spend on hobbies or "fun," but what income is considered to make you rich? The answer can depend on several factors, including where you … Continue reading → The post What Income Level Is Considered Rich? appeared first on SmartAsset Blog.  ( 10 min )
    Do I Have to Pay Taxes on My Social Security Income?
    How Social Security income is taxed depends on how much income you have from other sources. Here are the 2022 IRS limits for individual and joint filers.  ( 11 min )
    These Stocks Are Moving the Most Today: Alibaba, Dice, Philip Morris, Boeing, FedEx, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    Tesla Stock Hit 8-Month Highs Friday; Cathie Wood Sold And Made Millions
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    Alibaba Stock Drops. It’s Shaking Up Top Management.
    Joseph Tsai will replace Zhang as chairman and Eddie Yongming Wu will become the chief executive.  ( 22 min )
    Dow Jones Futures Fall After Key Housing Data; Alibaba Slides As CEO Steps Down
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    PayPal Expects $5 Billion in Buybacks Following BNPL Deal With KKR
    KKR-managed funds and accounts will will purchase up to €40 billion of PayPal's buy now, pay later loan receivables originated in Europe.  ( 25 min )
    FedEx’s Earnings Are Today. Investors Want to See the Economy Improving.
    The logistics company is expected to offer financial forecasts for its 2024 fiscal year.  ( 25 min )
    Fidelity legend Peter Lynch: 'I never said to invest in the stock market'
    Peter Lynch is The legendary former Fidelity Magellan fund manager and author of the pioneering book on investing “One Up On Wall Street,” which will celebrate its 35th anniversary next year, He and Kerry Hannon, among other things, discussed what has changed since that book first came out.  ( 13 min )
    More Americans Are Getting Auto Loans That Exceed the Worth of Their Cars
    (Bloomberg) -- More Americans are entering into auto loans that exceed the worth of their cars after vehicle values declined in the wake of dramatic increases during the pandemic, a report has found.Most Read from BloombergAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpTucker Carlson's Fox Defense Crumbled When He Took MillionsThese Are World’s Most Expensive Cities for High-Class LivingSingapore’s Grab Plans Biggest Job-Cut Round Since PandemicXi Tells Blinken ‘Very Good’ That Progress  ( 6 min )
    Analyst Report: Exelon Corp.
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    Analyst Report: Southwest Gas Holdings Inc
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    Eli Lilly to Buy Dice Therapeutics in $2.4 Billion Autoimmune Disease Push
    Lilly says its acquisition of Dice for $48 a share would allow it to leverage the company's developing treatments for chronic diseases in immunology.  ( 22 min )
    The Problem With Tesla’s AI Rally in Eight Charts
    Wall Street’s focus has moved from Tesla’s price cuts to a more distant future of driverless vehicles. It may shift again.  ( 28 min )
    5 Things to Know Before Markets Open
    Homebuilder confidence moves into positive territory for the first time in nearly a year and UPS union workers threaten to strike if an agreement isn't reached. Here’s what investors need to know today.  ( 19 min )
    UPDATE 1-KKR to buy up to $43 bln of PayPal's buy now, pay later loans in Europe
    Investment firm KKR will purchase up to 40 billion euros ($43.71 billion) of buy now, pay later (BNPL) loans originated by PayPal Holdings in Europe, the payments company said on Tuesday. Under the terms of the agreement, private credit funds and accounts managed by KKR will acquire substantially all of PayPal's European BNPL loan portfolio. After the deal closes, PayPal said it expects to allocate roughly $1 billion to incremental share repurchases in 2023, contributing to an updated outlook of nearly $5 billion in total share repurchases so far this year.  ( 6 min )
    Philip Morris to launch new $30 million production facility in western Ukraine
    Philip Morris International Inc will launch a new $30 million production facility in the Lviv region in western Ukraine in the first quarter of next year, the company said on Tuesday. "This investment reflects our commitment as Ukraine's long-term economic partner," Maksym Barabash, Chief Executive Officer of Philip Morris Ukraine, said in a statement. Ukraine is in dire need of foreign capital to rebuild and revamp its economy, hit hard by Russia’s invasion.  ( 7 min )
    Crypto Exchange Backed by Citadel Securities, Fidelity, Schwab Starts Operations
    The exchange backed by Citadel Securities, Fidelity Investments and Charles Schwab seeks business from those interested in digital assets but wary of troubles at FTX and Binance.  ( 30 min )
    Stocks to Watch Tuesday: Alibaba, Stellantis, FedEx
    ↘️ Alibaba (BABA): The Chinese e-commerce giant is replacing Chairman and Chief Executive Daniel Zhang with two successors, as it p  ( 20 min )
    Stock futures fall as caution saps momentum: Stock market news today
    Stock futures slipped on Tuesday as wary investors eyed potential headwinds for the recent rally with markets set to resume after a holiday break.  ( 7 min )
    Daily – Vickers Top Insider Picks for 06/20/2023
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    Daily – Vickers Top Buyers & Sellers for 06/20/2023
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    Wall Street Buys More T-bills, Parks Less at Fed
    The central bank’s reverse repo fell below $2 trillion for the first time in more than a year.  ( 29 min )
    Bitcoin Is Becoming Illiquid at 147K a Month in Signal of Steady Accumulation
    "The market appears to be in a period of quiet accumulation, which suggests an undercurrent of demand," one analyst said.  ( 6 min )
    Alibaba Names Tsai Chairman, Wu CEO in Surprise Shake-Up
    (Bloomberg) -- Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share and struggling to revive growth in the post-Covid era.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapSearch Underway for Titanic-Wreck Submersible With Five CrewMass Immigration E  ( 8 min )
    These Stocks Are Moving the Most Today: Alibaba, Boeing, Philip Morris, UPS, FedEx, and More
    Alibaba says Daniel Zhang will be stepping down as chairman and chief executive, Philip Morris shares are upgraded, and FedEx is scheduled to report earnings after the closing bell Tuesday.  ( 22 min )
    China Cuts Interest Rates. Why Asian Stocks Are Falling.
    The world's second-largest economy is trying to jolt post-Covid growth, which has been sluggish since Beijing lifted pandemic restrictions.  ( 22 min )
    Alibaba co-founder Joe Tsai to take over as chairman as Daniel Zhang steps aside to focus on cloud business
    Daniel Zhang Yong, the 51-year-old Chinese business executive, has announced his resignation as Alibaba Group Holding chairman and chief executive to focus on Alibaba Cloud, the digital technology and intelligence backbone of the group. Zhang will be succeeded as chairman by Joseph C. Tsai, who is currently executive vice-chairman, and Eddie Wu Yongming, chairman of Taobao & Tmall Group, will become CEO. Zhang will continue on at the company as chairman and CEO of Alibaba Cloud Intelligence Grou  ( 9 min )
    Alibaba Stock Drops as CEO Daniel Zhang Steps Back
    Joseph Tsai will replace Zhang as chairman and Eddie Yongming Wu will become the chief executive.  ( 22 min )
    Carlos Ghosn sues Nissan for $1 billion in Lebanon, legal document shows
    Carlos Ghosn filed $1 billion suit in Lebanon against Nissan, a judicial source told Reuters on Tuesday, adding that the court session will take place in Sept. Ghosn, once a leading light of the global car industry, was arrested in Japan in late 2018 and charged with financial misconduct. He denied the charge and said his detention was part of a plot by Nissan executives to block a merger.  ( 6 min )
    Quotes: Here's what people are saying about Alibaba's management reshuffle
    The CEO role will be handed over to Eddie Yongming Wu, chairman of Alibaba's Taobao and Tmall Group, while Executive Vice Chairman Joseph Tsai will take over from Zhang as chairman. If anything, it emphasises the increasing importance of AI in the company's focus, while also underscoring that e-commerce is the core business unit.  ( 8 min )
    Morgan Stanley’s Wilson Says Stock Bulls Face Rude Awakening
    (Bloomberg) -- One of Wall Street’s most bearish strategists isn’t giving in to the bullish about-turn in equities, saying investors may be in for “a rude awakening.”Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesSingapore’s Grab Plans Biggest Job-Cut Round Since PandemicGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMorgan St  ( 8 min )
    Analysts Say These 3 Stocks Are Their Top Picks for the rest of 2023
    We’re winding up the first half of 2023, and what could be more natural than to figure out the best stocks for the rest of the year? Stock picking of this sort is an essential skill for every investor, and fortunately, the Street’s analysts make it easy. They are always ready to point out which stocks are their ‘Top Picks,’ and we can follow those recommendations. In this case, we’re looking at three stocks that have ‘top pick’ designation from the analysts, and also feature an attractive combin  ( 11 min )
    UBS to Face Fresh Penalties Over Credit Suisse’s Archegos Fiasco
    (Bloomberg) -- UBS Group AG faces hundreds of millions of dollars in penalties following investigations by several regulators into Credit Suisse’s dealings with Archegos Capital, the Financial Times reported. Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapSearch Underway for Titanic-Wreck Submersible With Five CrewMass Immigration Expe  ( 7 min )
    German shares lead losses in Europe as Lanxess plunges
    German stocks led the decline among European peers on Tuesday as shares of speciality chemicals maker Lanxess plunged after lowering its forecast, while a modest interest rate cut by China failed to lift investor sentiment. Germany's DAX index fell 0.5% by 0709 GMT, retreating farther from a record high it hit on Friday. The continent-wide STOXX 600 index fell 0.4%.  ( 6 min )
    Stock market today: Asian shares mostly slip after US markets were closed for a national holiday
    Asian shares mostly declined Tuesday as some investors took a wait-and-see attitude after U.S. markets were closed for a national holiday. Brent crude, the international standard, declined 26 cents to $75.83 a barrel.  ( 7 min )
    4 big analyst cuts: Palantir stock drops on downgrade after AI-triggered surge
    Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: Downgrades at Palantir Technologies, Performance Food, and Gates Industrial, and initiation at Lemonade. Palantir Technologies (NYSE:PLTR) shares were recently off nearly 2% pre-market today after Raymond James downgraded the company to Outperform from Strong Buy with a price target of $18.00 (from $15.00). The analyst cited the stock's "premium" valuation after a strong run since its first-quarter print, but said they remain "enthusiastic about Palantir's positioning in AI."  ( 7 min )
    Chinese e-commerce giant Alibaba announces new CEO and chairman in major management reshuffle
    China’s Alibaba Group has announced a major management reshuffle aimed at spurring the e-commerce giant's growth at a time when the Chinese economy is slowing despite an end to COVID-19 pandemic restrictions a half-year ago. Eddie Wu, chairman of its e-commerce group, will succeed Daniel Zhang as CEO, the company said in a statement Tuesday. Zhang will be CEO and chairman of Alibaba’s cloud computing unit, which has been approved to be spun off and is expected to be listed for trading within a year.  ( 7 min )
    Alibaba Says Chairman and CEO Daniel Zhang Will Be Replaced
    Alibaba is reshuffling its top executives, with current Vice Chairman Joseph Tsai taking over as chairman from Daniel Zhang while the head of its domestic e-commerce unit was named CEO.  ( 27 min )
    Silicon Valley’s Newest Unicorn Is a Mining Company
    Bill Gates and other tech-industry investors are backing AI-powered startup KoBold Metals.  ( 28 min )
    Adobe's $20 bln deal to acquire Figma under threat from EU regulators - FT
    European antitrust regulators are preparing to launch a formal investigation into software giant Adobe's $20 billion buyout deal for cloud-based designer platform Figma later this year, the Financial Times reported on Tuesday. EU authorities plan to push forward with a detailed investigation, over anti-competition concerns, which could take many months and may ultimately derail the deal altogether, FT said, citing people with knowledge of the move. EU regulators have earlier said that Adobe would need to secure European Union antitrust approval for the Figma deal even though the deal falls short of the EU turnover threshold for a review.  ( 7 min )
    Alibaba Names New Chairman, CEO in Surprise Succession Plan
    (Bloomberg) -- Alibaba Group Holding Ltd. announced a new chairman and chief executive, unveiling a surprise plan to replace Daniel Zhang at the helm of a company that’s been bleeding market share and struggling to revive growth in the post-Covid era.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMass Immigration Experiment Gives Canad  ( 7 min )
    Stock-Market Rally Costs Bears $120 Billion
    Investors have been ramping up bets against stocks—and they are getting burned.  ( 27 min )
    Japan's Suzuki to make 'flying cars' with SkyDrive
    Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make "flying cars". The companies will use a Suzuki Group factory in central Japan to make electric vertical take-off and landing (eVTOL) aircraft and aim to begin production by around spring next year, Suzuki said in a statement. SkyDrive will establish a wholly owned subsidiary to make the aircraft and Suzuki will help with preparations for the manufacturing, including securing talent, the automaker said.  ( 5 min )
    Thai Firm Cites Russian War in Ukraine to Exit €560 Million Deal
    (Bloomberg) -- Stark Corp. Pcl, a Thai maker of electrical components engulfed in an accounting scandal, has cited Russia’s war in Ukraine as a reason for pulling out of an agreement to buy a German maker of automotive cable solutions for €560 million.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpSingapore’s Grab Plans Biggest Job-Cut Round Since PandemicXi Tells Blinken ‘Very Good’ That Progress Made on  ( 8 min )
    Asia shares fall on China's modest rate cut
    Stocks in Asia fell on Tuesday as investors worried China's latest rate cut was not enough to boost confidence in the weakening economy and awaited a wider stimulus package by Beijing. China, in a highly anticipated move, cut two key benchmark lending rates for the first time in 10 months on Tuesday, with its one-year loan prime rate (LPR) lowered by 10 basis points to 3.55% and the five-year LPR cut by the same margin to 4.20%. China's benchmark CSI edged down 0.03%.  ( 7 min )
    Equities Fall as China Loan-Rate Cuts Underwhelm: Markets Wrap
    (Bloomberg) -- Asian stocks are poised for a mixed open on Tuesday as the rally in global equities shows signs of wavering and investors fret over China’s tepid post-pandemic recovery.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMass Immigration Experiment Gives Canada an Edge in Global Race for LaborIndiGo Bets Big on Indian Travel  ( 8 min )
    Optimism Rises in China Tech With World-Beating Rally
    (Bloomberg) -- A world-beating rally in Chinese tech stocks this month is shoring up confidence that the once-beleaguered sector may finally see its fortunes reverse.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMass Immigration Experiment Gives Canada an Edge in Global Race for LaborIndiGo Makes Record 500-Plane Order With Airbus, Be  ( 9 min )
    Condom Maker Draws Rush of Buy Calls on 57% Jump Since India IPO
    (Bloomberg) -- Mankind Pharma Ltd. has garnered the most analyst coverage of any new Indian stock in at least 12 years, as investors rush to buy the drug and condom maker following its May initial public offering.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMass Immigration Experiment Gives Canada an Edge in Global Race for LaborIndi  ( 7 min )
    China cuts lending benchmarks for first time in 10 months to support economy
    China cut two key benchmark lending rates for the first time in 10 months on Tuesday, as authorities seek to shore up a slowing recovery in the world's second-largest economy. The one-year loan prime rate (LPR) was lowered by 10 basis points to 3.55%, while the five-year LPR was cut by the same margin to 4.20% from 4.30%. A Reuters poll of 32 market participants showed all respondents expected reductions to both rates.  ( 5 min )
    Millennial Money: Should you financially support adult kids?
    When I say “many,” I’m backed up by a 2023 survey from Savings.com that found 45% of parents with a child 18 or older spend an average of over $1,400 per month supporting their kids financially, excluding adult kids with disabilities. A certified financial planner and a therapist who both have experience in this department share their thoughts. There are many reasons a parent may choose to support their adult kids.  ( 10 min )
    Treasury Yields Jump to Extend Global Bond Slide Before Powell
    (Bloomberg) -- Treasuries dropped in Asia as they reopened following a US long weekend, extending a global slide that kicked off in the UK where investors grew concerned stubborn inflation will lead to more aggressive monetary tightening. Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMass Immigration Experiment Gives Canada an Edge in  ( 6 min )
    Oil prices mixed ahead of China lending benchmarks decision
    Oil prices were mixed on Tuesday ahead of a decision on lending benchmarks by China, with the world's second-largest economy widely expected to cut key rates to shore up a slowing recovery. Brent crude was 3 cents higher at $76.12 a barrel at 0041 GMT. U.S. West Texas Intermediate (WTI) crude was unchanged at $71.29 and there was no settlement on Monday due to a public holiday in the United States.  ( 7 min )
    Elon Musk Loses Key Litigator Amid Lawsuit Over Dogecoin Insider Trading Claims
    The withdrawal of Adam Gabor comes after a letter last week regarding his newest in-house attorney, Allison Huebert.  ( 6 min )
    Woodside Greenlights $7.2 Billion Mexico Deepwater Oil Project
    (Bloomberg) -- Woodside Energy Group Ltd. gave the go-ahead for a $7.2 billion oil field off Mexico, the Australian producer’s first major fossil fuel investment since acquiring BHP Group Ltd.’s petroleum business last year. Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMass Immigration Experiment Gives Canada an Edge in Global Race f  ( 7 min )
  • Open

    Proprietary Reverse Mortgages vs. Single-Purpose Reverse Mortgages
    Home equity conversion mortgages are the most common reverse mortgages, but proprietary and single-purpose reverse mortgages offer other benefits.  ( 21 min )
    What Are Some Common Examples of Unsystematic Risk?
    Learn about how to identify examples of unsystematic risk, and discover how many can be traced to entrepreneurial error or political and legal action.  ( 21 min )
    Cross Culture: Definition, Examples, and Disadvantages
    Cross culture in business refers to a company's efforts to ensure that its employees interact effectively with professionals from other backgrounds and countries.  ( 20 min )
    How to Retire Early
    If you're thinking about early retirement, you need to budget, save, invest, and plan ahead. Find out how to retire early so you can enjoy a longer retirement.  ( 24 min )
    Retirement Planner Definition
    A retirement planner is a professional who helps individuals prepare and maintain a financial plan for retirement.  ( 25 min )
    What Are Ways Economic Growth Can Be Achieved?
    Discover what drives economic growth and a few of the methods used by leaders and economists to increase economic activity in an economy.  ( 23 min )
    Top CD Rates Today, June 20, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 17 min )
    Dow Jones Today: Markets Sputter To Start Shortened Week
    The Dow Jones Industrial Average fell 0.7%, or 245 points, Tuesday as markets took a breather after rallying to their highest levels in a year. Intel (INTC), Nike (NKE), and Boeing (BA) all fell more than 3%, weighing on the index.  ( 16 min )
    How to Manage Income During Retirement
    Moving from a paycheck to multiple retirement income is complicated. Understanding retirement income types and how to manage them can be beneficial.  ( 26 min )
    Islamic Banking and Finance Definition: History and Example
    Islamic banking refers to a banking system that is based on the principles of Islamic law (Sharia law) and guided by Islamic economics.  ( 24 min )
    Energy Stocks Drag Down Markets to Begin Shortened Week
    Energy stocks, Boeing, Intel, Nike drag down markets on Tuesday, June 20, 2023 to begin shortened trading week.  ( 16 min )
    Enterprise Investment Scheme (EIS) Definition
    The Enterprise Investment Scheme (EIS) is a UK program that helps smaller, riskier companies to raise capital by giving their external shareholders federal tax relief.  ( 22 min )
    Self-Invested Personal Pension (SIPP): What it Means, Examples
    A self-invested personal pension is a retirement savings account available in Great Britain that offers participants asset allocation flexibility.  ( 21 min )
    PayPal and KKR in Deal for PayPal's 'Buy Now, Pay Later' European Loans
    PayPal shares rose after entering a deal with KKR for PayPal's "Buy Now, Pay Later" European loans.  ( 16 min )
    Jobseeker's Allowance (JSA)
    The Jobseeker’s Allowance (JSA) is a benefit that is available to unemployed individuals in the U.K. who are actively seeking work.  ( 21 min )
    Money Markets: What They Are, How They Work, and Who Uses Them
    The money market refers to trading in very short-term debt investments. These investments are characterized by a high degree of safety and relatively low rates of return.  ( 27 min )
    Biden Talks to AI Researchers as Public Support for Regulation Grows
    President Joe Biden is meeting with several artificial intelligence researchers in San Francisco today, amid growing talk of if and how the rapidly developing technology should be regulated.  ( 17 min )
    Retail Price Index (RPI): What It Is and How It's Used
    The Retail Price Index (RPI) is one of two measures of consumer inflation produced by the United Kingdom's Office for National Statistics.  ( 20 min )
    Rivian Joins EV Makers Adopting Tesla's Charging Station Standard
    Rivian shares rose after it joined other EV makers in adopting Tesla's charging station standard.  ( 16 min )
    The New York City Economic Tracker: May 29, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )
    Cashier’s Check vs. Money Order: Key Differences
    Money orders and cashier’s checks can be a convenient way to pay someone or to receive money, but each comes with its own advantages and disadvantages  ( 23 min )
    The Top 10 Economic Indicators in the U.K.
    Learn about the top 10 economic indicators for the United Kingdom, the world’s 6th-largest economy.  ( 21 min )
    Your Emergency Fund Could Earn $72 Per Month in a Savings Account
    With an initial investment of $16,732, the top-paying high-yield savings account could net you approximately $72 in interest each month after just one year.  ( 18 min )
    Builders Accelerated Construction of Much-Needed Houses in May
    If builders kept up the pace they set in May, they would begin work on 1.63 million single and mutli-family housing units in one year, up significantly from April's pace.  ( 16 min )
    Fee- vs. Commission-Based Advisor: What's the Difference?
    The investment advisor field is divided into two types: fee-based and commission-based. The better one for your needs depends on the nature and the size of your portfolio, along with your investment strategy and goals.  ( 26 min )
    Average Daily Trading Volume (ADTV): Definition, How To Use It
    Average daily trading volume (ADTV) is the average number of shares that change hands for a stock. This average is useful for determining which stocks are suitable for certain investors.  ( 27 min )
    Schwab and Fidelity-Backed Crypto Exchange EDX Goes Live, Adds More Backers
    EDX Markets, a cryptocurrency platform backed by Charles Schwab, Fidelity and Ken Griffin's Citadel Securities, launched trading for bitcoin, ether, litecoin, and bitcoin cash.  ( 17 min )
    Hyundai Considers Joining Tesla’s EV Charging Network
    Hyundai plans to spend $28 billion over the next decade to speed up its electrification efforts and is considering adopting Tesla’s charging network.  ( 17 min )
    Why Open Interest and Trading Volume Matter to Options Traders
    Trading volume and open interest are key numbers to watch when buying and selling options. Together they can indicate liquidity, trader interest, and price strength.  ( 24 min )
    Personal Loan Rates & Trends, Week of June 19: Rates Hold
    Personal loan rates increased slightly this week to 21.38%, a rise of 3 basis points since last week when the average personal loan rate sat at 21.35%.  ( 17 min )
    Office Construction Keeps Humming Despite Property Market's Woes
    Despite plentiful lease availability, rising vacancies and plunging office property values, construction on new offices hasn't stopped—and more lies ahead  ( 20 min )
    National Insurance Contribution (NIC) Overview
    National Insurance Contributions are taxes paid by employees and employers in the United Kingdom to fund a wide range of government benefits programs.  ( 21 min )
    Top Oil ETFs for 2023
    United States Brent Oil Fund LP and United States Oil Fund LP are top funds in terms of recent performance, expenses, and liquidity.  ( 19 min )
    Calculating (Small) Company Credit Risk
    Determining creditworthiness of smaller and medium-sized corporations isn't as easy as for larger companies, but these tips can help.  ( 20 min )
    Barclays Bank CD Rates: June 2023
    Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 19 min )
    Great Resignation Isn't Over If Workers Have Their Way
    More than a quarter of employees worldwide planned to switch jobs in the next year, up from 19% in 2022, according to a PwC survey of 54,000 workers in 46 countries.  ( 16 min )
    Can Alibaba's Surprise Exec Reshuffle, Focus On Cloud Help It Beat Amazon, Microsoft?
    Alibaba's CEO and Chairman stepped down in a surprise move to lead its cloud business as the company doubles down on global expansion. But Alibaba shares fell 4%.  ( 19 min )
    Markets Fall at Midday, Pulled Lower by Energy Stocks
    Markets opened the shortened trading week on Tuesday, June 20, 2023 with losses as oil stocks sank along with the price of crude.  ( 16 min )
    Eli Lilly Buys DICE Therapeutics for $2.4 Billion
    Eli Lilly agreed to buy DICE Therapeutics for $2.4 billion. The deal values DICE shares at an almost 40% premium from Friday's close.  ( 16 min )
    Inland Revenue Definition
    The Inland Revenue was a British government department responsible for collecting direct taxes and administering benefits between 1849 and 2005.  ( 21 min )
    Mortgage Rates Mostly Flat, Though Jumbo 30-Year Average Revisits Recent High
    Rates on 30-year fixed-rate mortgages held steady, with little movement among most other averages. Jumbo 30-year rates were an exception, rising an eighth of a point.  ( 19 min )
    Intel Boosts Investment in German Wafer Fabrication Site to $33 Billion
    Intel nearly doubles spending for two factories in Germany to $33 billion.  ( 16 min )
    Top LGBTQ+ Investors
    These notable LGBTQ+ investors have shaped the world and opened doors for others to follow.  ( 21 min )
    LGBTQ+ Pay Gap and Unemployment
    Job protections for the LGBTQ+ community are new. Despite progress, members of this community continue to face disparities in income and unemployment.  ( 26 min )
    IMF Developing a Platform for Central Bank Digital Currencies
    The International Monetary Fund is working on a platform for central bank digital currencies that could help support efficiency, transparency, and interoperability of settlements.  ( 16 min )
    Cambridge Judge Business School Definition
    Cambridge Judge Business School is the graduate business school at Cambridge University, located in Cambridge in the United Kingdom. It is regarded as one of the most prestigious business schools in the world.  ( 21 min )
    How Many Companies Does Tesco Own?
    Tesco, a British multinational corporation, has grown organically and notably, through acquisitions, taking over about 30 companies over the years.  ( 23 min )
    3 Defense ETFs for 2023
    XAR offers the lowest fees, PPA has the best return, and ITA is the most liquid.  ( 17 min )
    The Business of Great Food and Wine from the Classic in Aspen
    The Express streamed back into the Rockies for the 40th anniversary of the Food & Wine Classic to talk about the business of being a chef with Anna Castro and Calvin Eng, two of the best new chefs in America.  ( 19 min )
    Labor Market Explained: Theories and Who Is Included
    The labor market refers to the supply of and demand for labor, for which employees provide supply and employers provide demand. Labor is a major part of the economy.  ( 26 min )
    Durham University Business School Definition
    Durham University Business School is the business school of Durham University offering graduate and post-graduate degrees.  ( 20 min )
    5 Things to Know Before Markets Open
    Homebuilder confidence moves into positive territory for the first time in nearly a year and UPS union workers threaten to strike if an agreement is reached. Here’s what investors need to know today.  ( 17 min )
    Building Society in Banking: Meaning and Examples
    A building society is a type of financial institution that provides banking and other financial services to its members.  ( 22 min )
    Manchester Business School (MBS) Definition
    The Manchester Business School (MBS) is the business school at the University of Manchester in Manchester, England.  ( 20 min )
    Personal Equity Plan (PEP): What It Is, How It Works
    A personal equity plan (PEP) was a scheme that gave U.K. residents the opportunity to invest in the stock market without paying tax.  ( 20 min )
    Cash Concentration and Disbursement (CCD): Definition and Use
    Cash concentration and disbursement (CCD) is a type of electronic transfer, often used to transfer funds among remote locations and so-called concentration (i.e. collection) accounts.  ( 21 min )
    How to Choose a Bank
    Choosing a bank is rarely a one-off process, and there are a few critical factors to know before you make your decision. Here are the top three.  ( 24 min )
  • Open

    Energy Stocks Drag Down the Markets to Begin Shortened Trading Week
    Energy stocks, Boeing, Intel, Nike drag down markets on Tuesday, June 20, 2023 to begin shortened trading week.  ( 1 min )
    Dow Jones Today: Markets Sputter To Start Shortened Week
    The Dow Jones Industrial Average fell 0.7%, or 245 points, Tuesday as markets took a breather after rallying to their highest levels in a year. Intel (INTC), Nike (NKE), and Boeing (BA) all fell more than 3%, weighing on the index.  ( 1 min )
    Markets Fall at Midday, Pulled Lower by Energy Stocks
    Markets opened the shortened trading week on Tuesday, June 20, 2023 with losses as oil stocks sank along with the price of crude.  ( 1 min )
    5 Things to Know Before Markets Open
    Homebuilder confidence moves into positive territory for the first time in nearly a year and UPS union workers threaten to strike if an agreement is reached. Here’s what investors need to know today.  ( 1 min )
  • Open

    PayPal and KKR in Deal for PayPal's 'Buy Now, Pay Later' European Loans
    PayPal shares rose after entering a deal with KKR for PayPal's "Buy Now, Pay Later" European loans.  ( 1 min )
    Rivian Joins EV Makers Adopting Tesla's Charging Station Standard
    Rivian shares rose after it joined other EV makers in adopting Tesla's charging station standard.  ( 1 min )
    Can Alibaba's Surprise Exec Reshuffle, Focus On Cloud Help It Beat Amazon, Microsoft?
    Alibaba's CEO and Chairman stepped down in a surprise move to lead its cloud business as the company doubles down on global expansion. But Alibaba shares fell 4%.  ( 1 min )
    Hyundai Considers Joining Tesla’s EV Charging Network
    Hyundai plans to spend $28 billion over the next decade to speed up its electrification efforts and is considering adopting Tesla’s charging network.  ( 1 min )
    Eli Lilly Buys DICE Therapeutics for $2.4 Billion
    Eli Lilly agreed to buy DICE Therapeutics for $2.4 billion. The deal values DICE shares at an almost 40% premium from Friday's close.  ( 1 min )
    Intel Boosts Investment in German Wafer Fabrication Site to $33 Billion
    Intel nearly doubles spending for two factories in Germany to $33 billion.  ( 1 min )
  • Open

    Lonen gaan volgens werkgevers komende maanden minder hard omhoog
    De gemiddelde loonstijging zal in de tweede helft van dit jaar afzwakken. Werkgevers zullen vanwege de economische onzekerheid minder uitbundig zijn aan de cao-tafels.  ( 4 min )
    Lonen volgens werkgevers minder hard omhoog in komende maanden
    De gemiddelde loonstijging zal in de tweede helft van dit jaar afzwakken. Werkgevers zullen vanwege de economische onzekerheid minder uitbundig zijn aan de cao-tafels.  ( 4 min )
    Belasting op gas gaat ondanks belofte niet omlaag, irritatie bij oppositie
    Bij een deel van de oppositie is wrevel ontstaan over het voornemen om de belasting op gas te veranderen. Het kabinet wekt de suggestie dat er een verlaagd tarief komt, maar in de praktijk is daar geen sprake van. De kans is groot dat de belasting op gas voor de meeste huishoudens zelfs omhooggaat.  ( 7 min )
    Supermarkten worstelen met nieuwe regels voor plastic verpakkingen
    De supermarkten houden hun kaarten nog tegen de borst over wat ons als klanten te wachten staat als op 1 juli nieuwe regels voor plastic verpakkingen ingaan. Ze hadden gehoopt daarin gezamenlijk op te trekken, maar daar heeft toezichthouder ACM een stokje voor gestoken.  ( 4 min )
    NU+ | Facebook-klokkenluider: 'We lachen om de Metaverse, maar gevaar dreigt'
    Frances Haugen werd in 2021 in één klap bekend als klokkenluider, nadat ze duizenden interne documenten over haar werknemer Facebook openbaar had gemaakt. Daaruit bleek hoe het beleid van Facebook tekortschoot, onder meer rondom desinformatie en beïnvloeding. Kunstmatige intelligentie kan nog meer problemen opleveren, zegt ze in gesprek met NU.nl op het Mozilla Festival in Amsterdam.  ( 4 min )
    Tata Steel-fabrieken komen per direct onder verscherpt toezicht
    De twee cokesgasfabrieken van Tata Steel in de IJmond komen per direct onder verscherpt toezicht te staan. De Omgevingsdienst Noordzeekanaalgebied ziet dat de problemen bij de vervuilende installaties zich opstapelen en heeft ook een dwangsom opgelegd.  ( 4 min )
    Fabrieken Tata Steel komen per direct onder verscherpt toezicht
    De twee cokesgasfabrieken van Tata Steel in de IJmond komen per direct onder verscherpt toezicht te staan. Dat laat de Omgevingsdienst Noordzeekanaalgebied (OD NZKG) weten. Die ziet dat de problemen bij de vervuilende installaties zich opstapelen. De dienst heeft ook een dwangsom opgelegd.  ( 4 min )
    Loonstijging zwakt volgens werkgevers in tweede helft van dit jaar af
    De gemiddelde loonstijging zal in de tweede helft van dit jaar afzwakken. Werkgevers zullen vanwege de economische onzekerheid minder uitbundig zijn aan de cao-tafels.  ( 4 min )
    Omwonenden Tata Steel in rechtszaak: 'Provincie moet uitstoot verder beperken'
    Omwonenden van Tata Steel willen dat het bedrijf zijn uitstoot van zwaveldioxide verder terugdringt om de luchtkwaliteit in de IJmond te verbeteren. De provincie Noord-Holland heeft de uitstootnormen onder druk van het staalbedrijf versoepeld, claimden zij dinsdag voor de bestuursrechter in Haarlem.  ( 5 min )
    Turkije verhoogt minimumloon met ruim 30 procent
    Het minimumloon in Turkije gaat met terugwerkende kracht tot 1 juni met 34 procent omhoog naar 11.402 lira (441,84 euro). Het is niet de eerste keer dat de Turkse regering dat doet. Eerder dit jaar werd het minimumloon al verhoogd met 55 procent.  ( 3 min )
    Omwonenden Tata Steel naar de rechter: 'Provincie moet uitstoot verder beperken'
    Omwonenden van Tata Steel willen dat het bedrijf zijn uitstoot van zwaveldioxide verder terugdringt om de luchtkwaliteit in de IJmond te verbeteren. De provincie Noord-Holland heeft de uitstootnormen onder druk van het staalbedrijf versoepeld, claimden zij dinsdag voor de bestuursrechter in Haarlem.  ( 5 min )
    Kwart minder huizenkopers kon in 2022 gebruikmaken van vangnet restschuld
    In 2022 maakten 57.113 woningkopers bij het afsluiten van hun hypotheek gebruik van de Nationale Hypotheek Garantie (NHG), een kwart minder dan een jaar eerder. Met die NHG kun je in aanmerking komen voor kwijtschelding van de restschuld als je je woning gedwongen moet verkopen door scheiding of baanverlies.  ( 3 min )
    In kist gevluchte voormalige Nissan-baas eist 1 miljard dollar van automaker
    Carlos Ghosn, oud-topman van Nissan, Renault en Mitsubishi, eist bijna vier jaar na zijn spectaculaire ontsnapping uit Japan een grote schadevergoeding van de automaker. Hij werd in 2018 verdacht van fraude bij Nissan en vluchtte uit vrees voor een oneerlijk proces naar Libanon.  ( 3 min )
    Megabatterijen in elke provincie nodig om groene stroom op te slaan voor later
    Netbeheerder TenneT zegt dat er voor 2030 batterijsystemen nodig zijn met een gezamenlijk vermogen van 9 gigawatt. Een gigawatt staat gelijk aan het vermogen van de kolencentrale op de Maasvlakte.  ( 4 min )
    Toezichthouders moeten ons beter beschermen tegen de gevaren van AI
    De rechten van consumenten op het gebied van veiligheid en privacy moeten centraal staan bij de ontwikkeling en het gebruik van kunstmatige intelligentie (AI). Consumentenorganisaties roepen toezichthouders daarom op om met regels en toezicht te komen.  ( 3 min )
    Veel winkeliers vrezen kopje-onder te gaan door stijgende kosten
    Winkeliers in de sport-, mode- en schoenenbranche voelen de druk groeien door de hoge kosten. Ondernemers verwachten dat de komende zes maanden nog zwaarder worden, aangezien ze de extra kosten niet volledig kunnen doorberekenen aan de klant.  ( 4 min )
    Burgercollectieven willen strengere uitstootregels voor Tata Steel afdwingen
    Burgercollectieven en inwoners van de regio rond de Tata Steel-fabrieken in IJmuiden staan vandaag bij de bestuursrechter in Haarlem om strengere regels af te dwingen voor de staalmaker. Ze willen dat de uitstoot van het schadelijke gas zwaveldioxide meer wordt beperkt.  ( 3 min )
    Beveiligingsbedrijfjes schieten als paddenstoelen uit de grond
    Nederland telt ruim 10.000 beveiligingsbedrijfjes. In 2018 waren dit er nog maar 3.800. Er komen vooral veel zzp'ers bij in de beveiligingsbranche.  ( 3 min )
    Winkeliers voelen druk toenemen door stijgende kosten
    Winkeliers in de sport-, mode- en schoenenbranche voelen de druk groeien door de hoge kosten. Ondernemers verwachten dat de komende zes maanden nog zwaarder worden, aangezien ze de extra kosten niet volledig kunnen doorberekenen aan de klant.  ( 4 min )
    Winkeliers voelen druk oplopen vanwege stijgende kosten
    Winkeliers in de sport-, mode- en schoenenbranche voelen zich steeds meer onder druk staan vanwege de hoge kosten. Ondernemers verwachten dat de komende zes maanden nog zwaarder worden, aangezien zij de stijgende prijzen niet volledig kunnen doorberekenen aan de consument.  ( 4 min )

  • Open

    'Great Resignation' continues as quarter of workers look to change jobs - PwC
    A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from 19% last year, as they are increasingly left cash-strapped in a cooling economy while dealing with inflationary pressures. Even as the 'Great Resignation' continues, around 42% of the employees surveyed by PwC in its new study of the global workforce said they are planning to demand payrises to cope with the higher cost of living, up from 35% last year. Some 46% of respondents to the '2023 Hopes and Fears Global Workforce Survey', which polled 54,000 workers in 46 countries, said either that their households were struggling to pay bills every month, or that they could not pay bills most of the time.  ( 6 min )
    Billionaire Ken Fisher Recommends Owning Luxury Goods Stocks; Here Are 2 Names Analysts Like
    With decades-long success on Wall Street, and personal wealth valued at ~$6.5 billion, legendary stock picker Ken Fisher obviously knows a thing or two about investing and what segments currently represent the best opportunities. The Fisher Investments founder recently shared his insightful recommendation for savvy investors, suggesting that investing in luxury goods stocks could be a smart and profitable move. Fisher believes that luxury goods companies have a unique ability to thrive even duri  ( 10 min )
    These Are The Best Robinhood Stocks To Buy Or Watch Now
    No content preview
    The world's wealthiest people have seen their fortunes grow by more than $150 billion thanks to the AI-fueled stock-market boom
    No content preview
    Bitcoin Reclaims Over 50% Market Dominance Following BlackRock ETF Filing
    The SEC’s crackdown against altcoins is boosting Bitcoin’s share of the crypto market.  ( 6 min )
    Against expectations, oil and gas remain cheap
    OPEC has had little luck pushing up crude prices  ( 9 min )
    California housing gets hit by 'major, major blow' after wildfire insurer exits
    Last month, State Farm left the market, citing rising construction costs and increased wildfire exposure.  ( 7 min )
    Britain sidelined as Intel goes on semiconductor spending spree across Europe
    Intel has unveiled a multibillion-euro spending spree in Germany as part of nearly £50bn in microchip investments across Europe and Israel announced just days apart.  ( 8 min )
    Housing expert: Here’s how to ‘bring affordability back into check’ for buyers
    Housing expert outlines the three things that must happen to make homes affordable again.  ( 8 min )
    Berkshire Raises Its Stakes in 5 Japanese Trading Firms to 8.5%.
    Berkshire now holds an estimated $20 billion of the five companies after sharp gains in their share prices.  ( 22 min )
    Restaurant allegedly used fake priest to get workers to confess "sins"
    So-called priest asked employees to confess about being late, if they had stolen or had "bad intentions" toward their employer.  ( 7 min )
    It takes a lot less money to feel wealthy than to be it, survey finds
    When asked what they considered wealthy, Americans surveyed by Charles Schwab came back with an average of $2.2 million.  ( 9 min )
    Intel and Germany sign agreement for $32.8 billion chip plant investment
    Intel and the German government on Monday signed a deal that would see the U.S. company investing more than 30 billion euros ($32.8 billion) in a chip manufacturing site in the German city of Magdeburg, with financial support from Berlin. Word of the agreement came as German Chancellor Olaf Scholz met Intel CEO Pat Gelsinger in the German capital.  ( 7 min )
    Brown-Forman reaches deal to sell Finlandia Vodka for $220 million
    It has owned the spirits brand in full since 2004.  ( 14 min )
    After Bud Light Debacle, AB InBev Takes a Bow at Ad-Biz Oscars
    The brewer is at the Cannes Lions to collect its second annual marketer-of-the-year honor, calling recent controversy around a Bud Light promotion a “wake-up call” for the industry.  ( 29 min )
    SVB's Asian customers who lost deposits remain on the hook for loans - WSJ
    According to the report, when SVB failed in March, the FDIC stepped in to protect all of the California bank's U.S. deposits and arranged a sale of the lender's U.S. customer accounts, branches and loans to First Citizens Bancshares. Left out of that deal was SVB's branch in the Cayman Islands, which had deposits from the bank's clients in China, Singapore and other parts of Asia, including venture-capital and private-equity firms with funds that domiciled in the British overseas territory, the report said.  ( 7 min )
    Can I Transfer a 401(k) to a CD Without Penalty?
    Rolling over a 401(k) is something you might consider if you're planning to retire or just changing jobs and don't want to leave your savings behind. When deciding where to move retirement assets, a certificate of deposit is one you … Continue reading → The post Can You Transfer a 401(k) to a CD Without Penalty? appeared first on SmartAsset Blog.  ( 10 min )
    Should I Invest in Timber?
    Investing in forest land suitable for producing lumber can provide you income, diversification, inflation protection and more. Timber investing requires careful study of the industry, market and individual parcels, and it's generally a long-term play, with years required to realize … Continue reading → The post Timber Investments: Real Asset Investment Guide appeared first on SmartAsset Blog.  ( 8 min )
    I'm a Small Business Owner. How Much Will a CPA Cost Me?
    If you're a small business owner, you've probably already suffered through a few tax seasons. While taxes for individuals can be complex, filing business taxes is arguably even more challenging. Hiring a CPA, a certified public accountant, can help, but … Continue reading → The post How Much Does a CPA Cost for a Small Business? appeared first on SmartAsset Blog.  ( 8 min )
    How Can I Afford Nursing Home Care?
    Nursing home care can be extremely expensive. According to Genworth's 2021 Cost of Care Survey, the median monthly cost of a private room is a nursing home is $9,034. That's over $100,000 a year! And most people will need nursing … Continue reading → The post How to Pay for Nursing Home Care appeared first on SmartAsset Blog.  ( 9 min )
    Who Pays My Property Taxes When I Die?
    When someone passes away, there can be plenty of questions over who gets what, especially if there's a home in the mix. An often-overlooked question centers on who is responsible for paying property taxes when the owner dies. A delinquent … Continue reading → The post Who's Responsible for Paying Property Taxes When the Owner Dies? appeared first on SmartAsset Blog.  ( 9 min )
    Illegal For 79 Years, This Loophole Lets Regular Americans Invest Alongside Silicon Valley Insiders
    For 79 years, if you wanted the right to invest in early-stage companies like Apple in the 1970s, Facebook in 2004, or Airbnb in 2009, you had to be an “accredited investor.” The concept came from a 1933 law that created the U.S. Securities & Exchange Commission (SEC) to guard against some of the excesses on Wall Street that had led to the 1929 crash and the ensuing Great Depression. Don’t Miss: Why Silicon Valley Elites Are Betting On This Startup's Vision For Reuniting American Families The Se  ( 8 min )
    EUR/USD Forecast – Euro Stalls for the Second Day in a Row
    The euro has pulled back slightly during the trading session on Monday, as gravity is starting to jump into this market.  ( 7 min )
    Attention High Earners: You're Not Taking Retirement Seriously Enough
    Higher-income households are more likely to overestimate their retirement readiness, according to a new analysis from the Center for Retirement Research at Boston College. The findings underscore the importance of proper retirement planning, even for the wealthy. While 28% of … Continue reading → The post Attention High Earners: You're Not Taking Retirement Seriously Enough appeared first on SmartAsset Blog.  ( 8 min )
    SpaceX Investor Says It Has Already Made Money
    Destiny Tech100 disclosed a $454,700 paper gain on its $14 million investment in Elon Musk’s SpaceX, which is currently privately held.  ( 22 min )
    Brands Wanted to Cut Out Stores. Not Anymore.
    Nike and others are selling through traditional retailers they once shunned.  ( 28 min )
    SVB Customers Who Lost Their Deposits Remain on the Hook for Loans
    Customers of Silicon Valley Bank’s Cayman Islands branch who counted on using their deposits to repay credit lines are in a bind after the FDIC seized the funds.  ( 30 min )
    Bank of England races to prevent future bond market collapse as interest rates rise
    The Bank of England is racing to prevent future bond market crunches hitting mortgages and business lending, as interest rate rises put the economy under increasing strain.  ( 7 min )
    9 Up-And-Coming Stocks Are Close To Becoming The Next Big Caps
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    US unprepared in electric car fight against China, says Ford boss
    The US is unprepared in the battle to compete with China on electric cars, the boss of Ford has warned.  ( 6 min )
    Warren Buffett boosts investment in Japan’s top trading houses, and investors are piling in behind him
    Warren Buffett has been open about the fact he's not "done" with Japan—and his latest move proves it.  ( 8 min )
    Why Inflation Around the World Just Won’t Go Away
    Across affluent countries, central bankers are sharply lifting inflation forecasts and warning investors that interest rates will stay high for some time.  ( 29 min )
    Bitcoin Stalls Over Long Weekend. How the Fed Could Shake Up Cryptos This Week.
    Federal Reserve Chairman Jerome Powell is due to testify before both the House and Senate this week, it could prove to be a catalyst for cryptocurrencies.  ( 22 min )
    Fisker to enter China's hotly contested EV market with local production plans
    Fisker, the electric carmaker founded by the Danish auto designer Henrik Fisker, is gearing up to enter the Chinese market where competition is increasingly cut-throat, following in the footsteps of another brave American player Lucid. Fisker plans to open a delivery center in China this year and commence deliveries of the Fisker Ocean SUV, its first all-electric model, in Q1 2024, according to a recent company announcement. It also aims to start manufacturing in China as early as next year with the potential to add 75,000 Ocean SUVs to its production capacity.  ( 8 min )
    Want a Job That Pays $200,000? See How Much the Biggest Companies Pay
    Most S&P 500 companies said their median worker was paid more in 2022, and about 100 of them said the pay rose at least 10%.  ( 25 min )
    Down 15 per cent on Chinese stocks, William Blair fund manager calls a 20 per cent rally in post-stimulus re-rating
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    British American Tobacco reshuffles board in strategy shift for new chief
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Bitcoin, Ether, rise; most top 10 cryptos fall as SEC lawsuit weighs on investor sentiment
    Bitcoin and Ether rose during Monday afternoon trading hours in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization declined. Risk appetite remained low after the U.S. Securities and Exchange Commission (SEC) sued Binance and Coinbase two weeks ago.  ( 7 min )
    Fake savings bond scheme leads to $50M in losses and issues for legitimate savers
    Savers are shocked that some banks and credit unions changed the rules when it comes to cashing savings bonds. The reason? An uptick in phony bonds.  ( 11 min )
    Global Markets Fall as Investors Take Stock Ahead of Powell Testimony
    After a week dominated by central banks, this week will see them remain in focus as Federal Reserve Chairman Jerome Powell delivers two days of Congressional testimony and the Bank of England makes its latest rate decision.  ( 22 min )
    Berlin to sign agreement with Intel after chip plant talks
    The German government scheduled the signing of an agreement with Intel for 1245 GMT on Monday, capping off talks over a new chip-making complex on German soil. Berlin has not confirmed how much state funding the company is set to receive for the project in the central German city of Magdeburg. The Handelsblatt business daily reported last week thatthe U.S. company is expected to receive 9.9 billion euros($10.84 billion) in subsidies, up from a previously promised sumof 6.8 billion euros.  ( 6 min )
    London Home Asking Prices Slide as Rate Rises Stretch Buyers
    (Bloomberg) -- Homesellers in London cut prices more than any UK region in June as surging borrowing costs stretched affordability in the country’s most expensive property market, a survey found. Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAsking prices  ( 8 min )
    Credit Suisse Faces 'Massive Downsizing' of Investment Bank
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    Exclusive - Japan regulator sounded out top domestic banks about China risks, sources say
    Japan's financial regulator has sounded out top domestic banks about China risks and whether they have plans in place if Sino-Western tensions escalate, according to multiple sources with direct knowledge of the matter. The Financial Services Agency's (FSA) request, which has not been previously reported, is to ensure Japan's megabanks are thinking about the risks and are prepared to respond if the geopolitical situation worsens, including over the issue of Taiwan's political status, said three of the sources. Japanese megabanks Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG) and Mizuho Financial Group have a combined $6.5 trillion in assets, according to Refinitiv.  ( 8 min )
    Warren Buffett Raises Stake in Five Japanese Trading Houses
    (Bloomberg) -- Berkshire Hathaway Inc. raised its stake in five of Japan’s trading houses to an average of over 8.5%, in a move to double down on some of Warren Buffett’s favorite stocks.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Blinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend TiesBerkshire holds stakes in Itochu Corp., Ma  ( 7 min )
    Singapore to End 3,000% Power Price Spikes That Sank Companies
    (Bloomberg) -- Singapore plans to more aggressively regulate electricity markets as price jumps intensify, again threatening to hurt the retailers that sell it to businesses and households.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankThe Energy Market Aut  ( 6 min )
    5 big analyst picks & cuts: ASML and Applied Materials slashed to Neutral
    Here is your Pro Recap of the biggest analyst picks and cuts you may have missed since Friday: Downgrades at ASML and Applied Materials, upgrades at Abcam and West Pharmaceutical, and initiation at LendingClub. ASML (NASDAQ:ASML) shares fell more than 2% on Friday after New Street Research downgraded the company to Neutral from Buy, as InvestingPro reported in real-time. New Street Research downgraded Applied Materials (NASDAQ:AMAT) to Neutral from Buy on Friday.  ( 7 min )
    JPMorgan Strategists Say Stocks Face Risks From Stalling Growth
    (Bloomberg) -- The rally in equities will come under pressure in the second half of the year if gains in growth shares stall and rotation into cyclicals doesn’t continue, according to JPMorgan Chase & Co. strategists.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investme  ( 7 min )
    Sweden’s Property Crunch Worsens as Another Firm Cut to Junk
    (Bloomberg) -- Sweden’s beleaguered property sector suffered another blow late on Friday night when one of the largest office landlords in the capital was downgraded to junk status by Moody’s Investors Service.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Blinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend TiesStockholm-based Fas  ( 6 min )
    China seen cutting key lending benchmarks as economy slows
    China is widely expected to cut key lending benchmarks on Tuesday in the first such easing in 10 months, a Reuters survey showed, as authorities seek to shore up a slowing recovery in the world's second-largest economy. Recent economic data showed the retail and factory sectors struggling to sustain the momentum seen in the first quarter, raising concerns China's post-COVID comeback could ground to a halt this year and trigger massive job losses. The People's Bank of China (PBOC) lowered short- and medium-term policy rates last week, signalling it is about to embark on another round of loosening in monetary settings in a push to rev up the recovery.  ( 7 min )
    Berkshire Hathaway adds to Japan trading company holdings
    Berkshire announced stakes in Itochu, Marubeni, Mitsubishi Corp, Mitsui & Co and Sumitomo in 2020 and adding in line with plans to hold the stakes long term and increase them as far as 9.9%. Buffett's investments and his optimism about Japan's prospects have drawn attention to improving economic conditions and shareholder-friendly corporate governance reforms that have helped underpin a sparkling rally in the Nikkei share average.  ( 7 min )
    Stock market today: Asia follows Wall St lower as US, Chinese foreign ministers meet
    Asian stock markets followed Wall Street lower Monday after the top U.S. and Chinese diplomats agreed to cooperate during a meeting held at a time of friction over an array of conflicts. Shanghai, Tokyo, Hong Kong and Seoul retreated. Wall Street’s benchmark S&P 500 index lost 0.4% on Friday after the Federal Reserve held its benchmark lending rate steady but warned last week it might be raised later if needed to cool inflation.  ( 8 min )
    Tech-Stock Boom Pits AI Against the Fed
    Investors can’t agree on whether the rally looks like a repeat of 1999 or the start of something bigger.  ( 29 min )
    Luminar CEO Austin Russell Doesn’t Understand Why His Stock Is Down. We Do.
    The head of the lidar start-up isn't happy with the performance of his company's stock. Shares are down 86% from record highs reached in December 2020.  ( 22 min )
    Record 1.5m over-65s still working as cost of living crisis spoils retirement dreams
    A record 1.5m over-65s are still in the workforce as the cost of living crisis puts retirement out of reach for many.  ( 8 min )
    Marketmind: Ready for more rate hikes, and one cut
    It's been predictably subdued in Asia as a U.S. holiday provides a convenient excuse for stocks to consolidate recent hefty gains before a bevy of central bank meetings this week. Markets are watching U.S. Secretary of State Antony Blinken's visit to Beijing, though you know expectations are low when it's newsworthy that a Chinese diplomat deigned to shake his hand. Further losses look likely unless and until the Bank of Japan takes another step toward tightening, which many Western analysts see as possible in July.  ( 8 min )
    Stock market today: Asia follows Wall St lower as US, Chinese foreign ministers meet
    Asian stock markets followed Wall Street lower Monday after the top U.S. and Chinese diplomats agreed to cooperate during a meeting held at a time of friction over an array of conflicts. Shanghai, Tokyo, Hong Kong and Seoul retreated. Wall Street’s benchmark S&P 500 index lost 0.4% on Friday after the Federal Reserve held its benchmark lending rate steady but warned last week it might be raised later if needed to cool inflation.  ( 9 min )
    Is the Stock Market Open Today? Here Are the Trading Hours for Juneteenth.
    Juneteenth is celebrated yearly on June 19.  ( 22 min )
    Elon Musk Denies Ownership of Dogecoin Wallets in Lawsuit
    Tesla CEO Elon Musk has denied allegations of owning Dogecoin wallets connected to insider trading amid an ongoing class action lawsuit.  ( 6 min )
    Oil Edges Lower as Investors Wait for Detail of China Stimulus
    (Bloomberg) -- Oil edged lower following its first weekly gain this month, as investors start to focus on the outlook for the second half of the year.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Tucker Carlson's Fox Defense Crumbled When He Took MillionsBlinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend TiesWest Texas Intermediate fell toward $71 a barrel after climbing by more than 2%  ( 6 min )
    Their parents made China the world's factory. Can the kids save the family business?
    When Steven Du took over his parents' factory producing temperature control systems in Shanghai, one of the first changes he made was to turn on the plant's heating in winter - something his frugal forebears were reluctant to do. "If you don't improve their environment, the workers aren't as happy and it's harder for them to do their best work," the 29-year-old said. Du, like tens of thousands of other young Chinese factory bosses, is inheriting a basic manufacturing business that can no longer rely on the labour-intensive model that made China the world's largest exporter of goods.  ( 10 min )
    Indian rupee to extend gains, bond yield seen edging higher
    The Indian rupee will likely extend its gains this week due to persistent dollar inflows, although demand from importers could cap the rise, while government bond yields could edge higher after the hawkish comments from major global central banks. The local unit hit 81.8825, its highest since May 11, on Friday on broad weakness in the dollar index as well as likely corporate dollar inflows. The dollar index, conversely, hit a five-week low after the European Central Bank's hawkish views and rising bets that the Federal Reserve would scale back its aggressive policy stance.  ( 7 min )
    JD Sees Seven Units Worth $14 Billion Each After Mega Sales Haul
    (Bloomberg) -- JD.com Inc. aims to create seven listed firms with market values of at least $14 billion apiece, outlining aggressive targets spanning two decades as it wrapped its signature 2023 sales gala with another record haul.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsTucker Carlson's Fox Defense Crumbled When He Took MillionsGoodbye, Body Mass Index. You Won’t Be Missed.Blinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend Ti  ( 8 min )
    Bitcoin dips after reclaiming US$26,000, Ether falls; XRP gains, Tron leads losers in crypto top 10
    Bitcoin dipped on Monday morning in Asia after reclaiming US$26,000 support over the weekend. Ether also fell back but held above US$1,700.  ( 8 min )
    Oil prices come off earlier gains as banks cut China growth forecasts
    Global oil prices fell on Monday, backing off last week's gains as questions over China's economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in the United States. Brent crude lost 68 cents to trade at $75.93 a barrel by 0042 GMT, while U.S. West Texas Intermediate (WTI) crude was down 59 cents to $71.19. Last week, Brent posted a gain of 2.4% and WTI rose 2.3%.  ( 7 min )
    Asian stocks pause rally, eyeing China stimulus, Powell testimony
    Asian shares started cautiously on Monday after their best weekly run in five months, as investors looked ahead to China's rate decision and U.S. Federal Reserve Chair Jerome Powell's testimonies for clues on the rate path ahead. In Asia, Japan's Nikkei fell 0.5%, having clinched a fresh three-decade top on Friday, buoyed by the Bank of Japan's (BOJ) decision to leave its ultra-easy policy setting unchanged, which has sent the yen to a 7-month low against the U.S. dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.1% lower, after hitting a four-month high on Friday and finishing up 3% for the week, the best since January.  ( 8 min )
    Stocks Whipsaw, Yuan Dips with China in Spotlight: Markets Wrap
    (Bloomberg) -- The Australian dollar and US equity futures rose in early Asian trading Monday amid signs of improving ties between the US and China, while contracts for benchmarks in Asia showed muted moves.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Tucker Carlson's Fox Defense Crumbled When He Took MillionsBlinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend TiesThe Australian dollar  ( 9 min )
    Top Stock Picker Scouts AI Fringes to Beat 97% of Peers
    (Bloomberg) -- When it comes to trading the artificial intelligence frenzy, one top-performing global equity fund is winning big by scouting out some out-of-the-box ideas.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMass Immigration Experiment Gives Canada an Edge in Global Race for LaborIndiGo Bets Big on Indian Travel Boom With Rec  ( 8 min )
    Top Stock Picker Scouts AI Fringes to Beat 97% of Peers
    (Bloomberg) -- When it comes to trading the artificial intelligence frenzy, one top-performing global equity fund is winning big by scouting out some out-of-the-box ideas.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Tucker Carlson's Fox Defense Crumbled When He Took MillionsBlinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend TiesFairlight Asset Management’s Nick Cregan invests in compan  ( 8 min )
  • Open

    What Is a Credit Mix? How It Works and Examples
    The different categories of debt within a consumer’s credit history, such as credit cards and loans, are collectively called a credit mix.  ( 23 min )
    Blue Sheets Definition
    Blue sheets are requests sent by regulators to market makers and brokers for information on trading activity to spot fraud and insider trading.  ( 19 min )
    SWOT Analysis: How To With Table and Example
    SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning.  ( 31 min )
    Fair Credit Billing Act (FCBA): How It Protects Consumers
    The Fair Credit Billing Act (FCBA) is a 1974 law that protects consumers from unfair billing practices.  ( 22 min )
    Porter's 5 Forces Explained and How to Use the Model
    Porter's 5 Forces is a model that identifies and analyzes the competitive forces that shape every industry and helps determine an industry's weaknesses and strengths.  ( 25 min )
    Unlevered Cost of Capital: Definition, Formula, and Calculation
    Unlevered cost of capital is an evaluation of a capital project's potential costs made by measuring costs using a hypothetical or debt-free scenario.  ( 19 min )
    M1 Finance vs. Betterment: Which Should You Choose?
    M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is better for setting financial goals and M1 is better for automated investing.  ( 27 min )
    How to Choose the Best Mortgage for You
    Finding the right house is only half the battle. The other half is choosing the best type of mortgage. Learn how to pick a mortgage based on your needs.  ( 29 min )
    What Is a Quid? History of the British Pound Sterling (GBP)
    "Quid" is a nickname for the British pound, also called the pound sterling, the national currency of the United Kingdom.  ( 21 min )
    7 High-Paid Public Service Jobs
    Some public service jobs pay far above the national average and also come with good benefits and job security.  ( 20 min )
    Why You Should Invest in Research and Development (R&D)
    Learn about the many benefits of research and development (R&D) efforts for companies in competitive markets, including the less-obvious advantages.  ( 20 min )
    Negative Feedback Definition
    Feedback occurs when outputs of a system are routed back as inputs; negative feedback describes how the system's process produces negative effects.  ( 20 min )
    Pros and Cons of Money Market Funds
    Money market funds are a safe, if not highly profitable, place to put money. But there's no FDIC insurance and fees can be high. Choose your fund with care.  ( 26 min )
    Institute of Chartered Accountants in England and Wales (ICAEW) Definition
    The Institute of Chartered Accountants in England and Wales (ICAEW) is a professional membership organization of accounting professionals.  ( 21 min )
    What Is Sterling Overnight Interbank Average Rate (SONIA)?
    SONIA (Sterling Overnight Index Average) is the effective overnight interest rate for unsecured transactions in the British sterling market.  ( 21 min )
    Cashier's Check: Definition, Benefits, and Alternative Options
    A cashier’s check is a check written by a financial institution on its own funds, signed by a representative, and made payable to a third party.  ( 26 min )
    The Monte Carlo Simulation: Understanding the Basics
    A Monte Carlo simulation allows analysts and advisors to convert investment chances into choices by factoring in a range of values for various inputs.  ( 21 min )
    International Commodities Clearing House (ICCH) Definition
    International Commodities Clearing House (ICCH) was an independent clearing house that preceded the British London Clearing House Ltd (LCH).  ( 20 min )
    What Is a Credit Agency? How They Work
    Credit agencies gather debt information that is used to generate a score that indicates creditworthiness.  ( 20 min )
    CDs vs. Stocks
    Certificates of deposit (CDs) and stocks vary in their risks, potential returns, and flexibility. In this guide, we'll explain their key differences.  ( 23 min )
    What Are Some Examples of a Value-Added Tax (VAT)?
    Understand how a value-added tax (VAT) works, how it differs from a sales tax, and the arguments for and against it.  ( 25 min )
    LIBOR: What the London Interbank Offered Rate Is, How It's Used
    The London Interbank Offered Rate, or LIBOR, is the interest rate used by major banks in the market for short-term loans.  ( 27 min )
    Loan Officer vs. Mortgage Broker: What’s the Difference?
    Loan officers and mortgage brokers can both help you get a mortgage, but you need to know the differences between them.  ( 22 min )
    What Is a Balance-To-Limit Ratio?
    A balance-to-limit ratio is the amount of money you owe on your credit cards compared to your credit limit. Learn how lenders use a balance-to-limit ratio.  ( 21 min )
    Top Penny Stocks for Q3 2023
    Top penny stocks this month include Ardelyx Inc., Snowline Gold Corp., and Quadian Inc., which have all more than doubled in the last year.  ( 20 min )
    One Disparity Between Black and White Workers Has Been Erased. Will The Progress Last?
    The employment-population ratio between Black and White workers has equalized, but it remains to be seen whether the progress will outlast the current hot labor market.  ( 17 min )
    Working Tax Credit (WTC) Definition
    The Working Tax Credit (WTC) is a tax credit offered to low-income individuals working in the United Kingdom.  ( 22 min )
    Gilts: Definition, Types, and How to Buy
    Gilts are bonds that are issued by the British government and generally considered low-risk equivalent to U.S. Treasury securities.  ( 22 min )
    What Is the Private Sector? Definition and Business Examples
    The private sector is the part of the economy that is not state controlled and is run by individuals and companies for profit.  ( 22 min )
    How to Get a Suspended License Reinstated
    Getting a suspended driver’s license reinstated as quickly as possible will depend on your state and the reason for your suspension. Here’s how.  ( 23 min )
    Outstanding Check: Definition, Risks, and Ways To Avoid
    An outstanding check draws on the funds in an individual’s or business’ bank account but has not yet been cashed or deposited by the payee.  ( 23 min )
    Trailing Stop/Stop-Loss Combo Leads to Winning Trades
    Combine trailing stops with stop-loss orders to reduce risk and protect profits.  ( 25 min )
    Importing & Exporting Economic Impacts Explained
    Learn how imports and exports have a profound influence on the economies of nations.  ( 26 min )
    Contract for Differences (CFD) Definition: Uses and Examples
    A contract for differences (CFD) is a marginable financial derivative that can be used to speculate on very short-term price movements for a variety of underlying instruments.  ( 25 min )
    How Financial Accounting Differs From Managerial Accounting
    There are big differences between financial accounting and managerial accounting, including why one is highly uniform and the other unique.  ( 23 min )
    Project Management: What It Is, 3 Types, and Examples
    Project management involves the planning and organizing of a company's resources to move a specific task, event, or duty toward completion.  ( 22 min )
  • Open

    Kolen zorgen voor record goederenvervoer op het spoor
    Goederentreinen hebben afgelopen jaar een recordhoeveelheid vracht vervoerd. Dit komt vooral doordat 28,6 procent meer kolen zijn vervoerd.  ( 3 min )
    Voormalig KLM-topman bestelt 500 vliegtuigen voor zijn nieuwe maatschappij
    IndiGo, de Indiase maatschappij waar voormalig KLM-topman Pieter Elbers nu de scepter zwaait, heeft vijfhonderd vliegtuigen besteld bij Airbus. De megaorder is bekendgemaakt op de eerste dag van de Parijse vliegshow Le Bourget.  ( 3 min )
    Duitsland hengelt met miljardensubsidie nieuwe chipfabrieken Intel binnen
    Intel gaat ruim 30 miljard euro investeren in twee chipfabrieken in Duitsland. Daarbij krijgt het bedrijf miljarden aan subsidies van de Duitse staat, dat meer productie binnen de eigen landsgrenzen wil. Onder meer de Duitse auto-industrie heeft veel computerchips nodig.  ( 3 min )
    Voormalig KLM-topman bestelt 500 vliegtuigen bij zijn nieuwe maatschappij
    IndiGo, de Indiase maatschappij waar voormalig KLM-topman Pieter Elbers nu de scepter zwaait, heeft vijfhonderd vliegtuigen besteld bij Airbus. De megaorder is bekendgemaakt op de eerste dag van de Parijse vliegshow Le Bourget.  ( 2 min )
    Shell en Eneco leveren eerste stroom van nieuw windpark op zee
    Windpark Hollandse Kust Noord, van Shell en Eneco, heeft vandaag voor het eerst stroom geproduceerd. De groene energie is via een netverbinding van TenneT aan land gebracht.  ( 3 min )
    Starter op huizenmarkt profiteert van opkoopverbod, huurder de pineut
    Starters op de woningmarkt maken meer kans op een huis als vastgoedbeleggers niet mogen meebieden. Dat blijkt uit onderzoek van het Kadaster en de Erasmus Universiteit Rotterdam. Voor huurders kan het juist minder gunstig zijn, omdat er minder huurwoningen zijn.  ( 4 min )
    Nederlandse economie koelt flink af, inflatie blijft hardnekkig probleem
    De Nederlandse economie koelt dit jaar flink af maar blijft met een groei van 0,8 procent stabiel. Consumenten geven minder uit vanwege de torenhoge inflatie en onze export groeit minder hard door de terugval van de wereldhandel. Afgelopen jaar was nog sprake van een groei van 4,5 procent.  ( 4 min )
    KPN koopt glasvezelnetwerk dat investeerder voor T-Mobile heeft aangelegd
    Telecomprovider KPN heeft glasvezelnetwerken in Den Haag, Rotterdam en Eindhoven gekocht van investeringsfonds Primevest. Dat is opvallend, want de geldschieter heeft die netwerken eerder samen met T-Mobile aangelegd.  ( 4 min )
    Bedrijven willen meer geld voor verduurzamen van vervoer
    Bedrijven als ANWB en NS willen dat er meer geld beschikbaar komt voor het verduurzamen van het vervoer.  ( 3 min )
    Nederland telt ruim 500.000 laadpunten, waarvan de meeste aan huis
    Nederland heeft inmiddels meer dan 500.000 laadpunten voor elektrische auto's. Het gaat om openbare laadplekken, laders bij mensen thuis en semipublieke laadpunten. Dat zijn punten die voor een bepaalde doelgroep toegankelijk zijn, zoals bij een supermarkt of op het werk.  ( 3 min )
    Boeing verwacht meer 737 MAX-toestellen te produceren
    De Amerikaanse vliegtuigbouwer Boeing verwacht de productie van de 737 MAX-toestellen te verhogen tot 38 per maand. De toelevering blijft een uitdaging, maar het concern heeft stappen gezet om de problemen aan te pakken.  ( 3 min )
    Mobiliteitspartijen willen apart transitiefonds voor verduurzamen van vervoer
    Bedrijven als ANWB en NS willen dat er meer geld beschikbaar komt voor het verduurzamen van het vervoer.  ( 3 min )
    Werkloze ouderen komen nog altijd moeilijk aan een baan
    Vooral jongeren hebben een grote kans om weer aan het werk te gaan als ze werkloos zijn. Mensen die ouder dan 65 jaar zijn of een ziekte of aandoening hebben, maken beduidend minder kans.  ( 5 min )
    Studenten in hoger onderwijs kunnen vanaf vandaag weer basisbeurs aanvragen
    Vanaf vandaag kunnen studenten in het hoger onderwijs weer een basisbeurs aanvragen. Na acht jaar leenstelsel is de basisbeurs nu terug van weggeweest.  ( 4 min )
    Italië voorkomt Chinese controle over Formule 1-bandenleverancier Pirelli
    De Italiaanse regering heeft maatregelen genomen om te voorkomen dat een Chinees staatsbedrijf de controle krijgt over bandenfabrikant Pirelli, een van de bekendste bandenleveranciers van de Formule 1.  ( 3 min )
    Studenten in hoger onderwijs kunnen vanaf vandaag weer basisbeurs aanvragen
    Vanaf vandaag kunnen studenten in het hoger onderwijs weer een basisbeurs aanvragen. Na acht jaar leenstelsel is de basisbeurs nu terug van weggeweest.  ( 3 min )
    Recordaantal nieuwe vacatures in 2022, vooral veel vraag in handel en horeca
    Het afgelopen jaar waren er 1,6 miljoen nieuwe vacatures in ons land en dat is het hoogste niveau sinds 1997 toen de meting begon. Ten opzichte van 2021 is er sprake van een toename van 143.000 vacatures.  ( 4 min )
    Jongeren maken van alle werklozen grootste kans op een baan
    Vooral jongeren hebben een grote kans om weer aan het werk te gaan als ze werkloos zijn. Mensen die ouder dan 65 jaar zijn of een ziekte of aandoening hebben, maken beduidend minder kans.  ( 4 min )
    Nederlandse banken openen meer loketten om mensen te helpen met bankzaken
    Nederlandse banken gaan nauw samenwerken om consumenten beter te helpen als die niet (meer) in staat zijn hun bankzaken te regelen. Het gaat dan om bijvoorbeeld ouderen en mensen die het Nederlands niet goed beheersen of digitale vaardigheden missen. Er komen meer gezamenlijke bankinformatiepunten waar mensen terecht kunnen voor advies.  ( 6 min )

  • Open

    How eBay Makes Money
    Though eBay is free for buyers, the $20 billion company generates significant revenue from its sellers and through advertisements.  ( 20 min )
    Forms of Market Efficiency: Weak, Strong, and Semi-Strong
    The efficient market hypothesis (EMH) theorizes that the market is generally efficient, but offers three forms of market efficiency: weak, semi-strong, and strong.  ( 23 min )
    What Is Shareholder Equity (SE) and How Is It Calculated?
    Shareholder equity (SE) is the stock owners' claim after total liabilities are subtracted from total assets. The number is used as a measure of a company's financial health.  ( 24 min )
    What Deferred Revenue Is in Accounting, and Why It's a Liability
    Deferred revenue is an advance payment for products or services that are to be delivered or performed in the future.  ( 22 min )
    Credit Spread: What It Means for Bonds and Options Strategy
    A credit spread reflects the difference in yield between a treasury and corporate bond of the same maturity. It also refers to an options strategy.  ( 23 min )
    Air Waybill (AWB) Definition: What It Is and How To Get One
    An air waybill (AWB) is a document that accompanies goods shipped by an international air courier to provide detailed information about the shipment.  ( 21 min )
    Bahamian Dollar (BSD) Definition
    The Bahamian dollar (BSD) is the national currency of the Commonwealth of The Bahamas.  ( 18 min )
    The Rule of 72: What It Is and How to Use It in Investing
    The Rule of 72 determines how long an investment will take to double given a fixed annual rate of interest.  ( 24 min )
    Material Adverse Effect: A Warning Sign for Stocks
    Learn what this phrase means and how to spot it in a company's financial statements.  ( 20 min )
    How Long Does It Take to Close a Mortgage?
    Closing time lines for mortgages have gotten longer over the last several years. Learn the latest closing time lines and what you can do to speed them up.  ( 22 min )
    Secondary Mortgage Market Enhancement Act (SMMEA)
    The Secondary Mortgage Market Enhancement Act is an act passed in 1984 to meet growing demand for mortgage credit.  ( 19 min )
    Can You Trade Certificates of Deposit?
    Brokered certificates of deposit are CDs that can be traded on the secondary market. Learn how brokered CDs work.  ( 21 min )
    Unlimited Bond Purchase Definition
    Unlimited bond purchase programs involve open-ended commitments by central banks to purchase distressed government debt.  ( 19 min )
    Seed Stock Definition
    A seed stock is any stock which represents a company that develops and produces seeds for planting crops.  ( 19 min )
    Put Swaption
    A put swaption is a position on an interest rate swap that allows an entity to pay a fixed rate of interest and receive a floating rate of interest.  ( 18 min )
    Factory Orders: Overview
    Factory orders are economic indicators of the dollar value for durable and non-durable goods.  ( 18 min )
    How Does Implied Volatility Impact Options Pricing?
    As implied volatility increases, call and put option prices go up. When implied volatility decreases, option prices go down.  ( 23 min )
    Bad Bunny’s Net Worth—Here’s How the Reggaeton Superstar Earns Millions
    Puerto Rican rapper Bad Bunny had a net worth of $88 million as of 2022 and has earned millions from his record-breaking tours, and lucrative endorsements with brands like Adidas, Cheetos, and Pepsi.  ( 19 min )
    Accelerated Amortization Definition
    Accelerated amortization occurs when a borrower makes extra payments toward their mortgage principal, speeding up the settlement of their debt.  ( 19 min )
    Betterment vs. Vanguard Personal Advisor Services: Which Is Best for You?
    Two solid options. The right one for you will depend on your digital-versus-human preference, the amount you have to invest, and your desire to fine-tune your portfolio.  ( 27 min )
    Schedule II Bank Definition
    A Schedule II bank is a subsidiary of a foreign bank that is authorized to accept deposits within Canada and is regulated by the federal Bank Act.  ( 19 min )
    Top Gold ETFs for 2023
    iShares Gold Trust Micro offers the lowest fees, Invesco DB Precious Metals Fund has the best return, and SPDR Gold Trust is the most liquid.  ( 19 min )
    Top S&P 500 ETFs
    iShares Core S&P 500, Vanguard S&P 500, and SPDR Portfolio S&P 500 are tied for lowest fees, while SPDR S&P 500 is the most liquid.  ( 21 min )
    Bank Fees Definition and Different Types
    Bank fees are nominal fees for a variety of account set-up and maintenance, and minor transactional services for retail and business customers.  ( 22 min )
    Are Certificates of Deposit (CDs) Tax Exempt?
    When you earn interest on a certificate of deposit, you must report it as income and pay taxes on it.  ( 22 min )
    Last In, First Out (LIFO) Definition: The Inventory Cost Method Explained
    Last in, first out (LIFO) is a method used to account for inventory that records the most recently produced items as sold first.  ( 24 min )
    Illiquid Option Definition
    An illiquid option is a contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have very low or no open interest.  ( 18 min )
    How to Open a Swiss Bank Account & Advantages in Having One
    Surprisingly, opening a Swiss bank account is not that much different from opening a standard bank account.  ( 21 min )
    What Is a Condominium? How Condos Work Compared to Apartments
    Condominiums are housing units in a large property complex that are sold to buyers. While apartments are generally rented, condos are owned. Learn more.  ( 24 min )
    Employee Stock Purchase Plan (ESPP): What It Is, How It Works
    An employee stock purchase plan (ESPP) is a company-run program in which participating employees can buy company shares at a discounted price. Learn how it works.  ( 22 min )
    Annual Equivalent Rate (AER): Definition, Formula, Examples
    The annual equivalent rate (AER) is the interest rate for a savings account or investment product that has more than one compounding period.  ( 23 min )
    With Approved Credit (WAC) Defined
    A with approved credit statement is a qualifier used in advertisements that protects the advertiser against accusations of misleading customers.  ( 18 min )
    Hard Money vs. Soft Money: What's the Difference?
    Hard money and soft money are terms often used to describe currency and also refer to political contributions in the United States.  ( 24 min )
  • Open

    Analysis-China bankers told to shun flashy clothes, 5-star hotels in austerity drive
    From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to reining in travel and entertainment expenses, Chinese financial firms have jumped on an austerity drive as Beijing pushes to bridge the wealth gap. Financial professionals are among the highest-paid workers in communist China and their wealth and flashy lifestyles have often come under criticism from the public on social media as the economy slows, drawing Beijing's ire as well. China's top graft-busting watchdog earlier this year vowed to eliminate ideas of a Western-style "financial elite" and rectify the hedonism of excessive pursuit of "high-end taste".  ( 9 min )
    Marketmind: Investors look ahead to China rate decision
    China's interest rate decision. The People's Bank of China is likely to cut its one- and five-year loan prime rate (LPR) lending rates by 10 basis points to 3.55% and 4.20%, respectively, its latest attempt to bolster China's creaking economy and steer it away from deflation.  ( 8 min )
    Wharton professor says employees are hiding A.I. use—and potentially transformative productivity gains—from employers
    Companies should encourage workers to come forth with their A.I. use, says Ethan Mollick, not punish them.  ( 7 min )
    Hong Kong-listed stocks are about to be priced in yuan, giving China's currency another boost
    No content preview
    FedEx Stock, the Fed, Housing Data, and More to Watch This Week
    Earnings reports from FedEx, Darden, FactSet, Accenture, and CarMax. Plus, housing data, leading economic indicators, a BofE interest rate decision, and Powell testimony.  ( 22 min )
    Is the AI stock boom a dot-com-style bubble? David Rosenberg, Jeremy Siegel, and 5 other experts weigh in.
    No content preview
    Intel to Build Israeli Plant in Latest Diversification Push
    (Bloomberg) -- Intel Corp. has agreed in principle to build a $25 billion manufacturing plant in Israel in what Prime Minister Benjamin Netanyahu hailed as the largest ever foreign investment in the country.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo OrderEr  ( 7 min )
    Dow Jones Futures: Market Strong, But Here's What To Do; AMD, Boeing Lead Stocks To Watch
    No content preview
    City investors make land grab in rental market as buy-to-let landlords pushed out
    A “rising tide” of City investors are set to replace small-time buy-to-let landlords who are being driven out of the market by higher interest rates, experts have said.  ( 6 min )
    This Week on Crypto Twitter: The SEC Registration Hallucination
    The SEC was always the industry’s bete noire, but is it now the final battle?  ( 7 min )
    How attitudes toward the economy have shifted in 3 major ways
    The Fed is moving away from emergency-mode. This bodes well for financial markets if it means efforts to further tighten financial conditions are coming to an end.  ( 13 min )
    SVB agrees to sell its investment banking division
    The bidder group led by Leerink, who is chief executive of SVB Securities, will acquire the investment banking business for a combination of cash, repayment of an intercompany note, and a 5% equity instrument, the company said. The deal comes after the Federal Deposit Insurance Corporation (FDIC) took over Silicon Valley Bank in March after depositors rushed to pull out their money in a bank run that wiped out more than half the market value of several U.S. regional lenders and triggered the worst banking crisis since 2008.  ( 7 min )
    China’s economy is on course for a “double dip”
    The post-covid economy was meant to roar. But it is faltering again  ( 10 min )
    World’s No. 2 Gold Miner Is Trying to Get Bigger in Copper
    (Bloomberg) -- For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo OrderNYC Air Quality Improves to Moderate Rating From ‘Unhealthy’The world’s second-largest bullion p  ( 9 min )
    TipRanks ‘Perfect 10’ List: There’s an Opportunity Brewing in These 3 Top-Rated Stocks
    There are thousands of publicly traded companies on Wall Street’s stock exchanges, tens of thousands of investors buying and selling practically every hour, and more thousands of professional stock analysts watching every detail of these transactions. It’s enough raw data that even Mr. Spock would have trouble calculating the odds in his head. Spock would turn to the Enterprise computer, which we haven’t got – but we do have the Smart Score, a sophisticated data parsing and collation tool, power  ( 12 min )
    You Could Boost Your 401(k) By 8% Right Now. Here's How
    If you've looked at the investment options in your workplace 401(k) retirement plan, chances are you'll see mutual funds that put your money into stocks, bonds or cash and cash equivalents. Those have been the options available ever since 401(k) … Continue reading → The post Here's One Easy Way to Boost Your 401(k) By 8% appeared first on SmartAsset Blog.  ( 8 min )
    Powell speaks, FedEx reports: What to know this week
    Semi-annual testimony from Fed Chair Jay Powell and earnings from FedEx will be the highlight for investors in a holiday-shortened week ahead as the market rally continued last week as the end of the second quarter approaches.  ( 10 min )
    Will I Earn Enough Interest on $2 Million to Retire Off Of?
    For older Americans, living off the interest and returns of your retirement account is how retirement is structured. The goal is that by the time you hit your late 60s you will ideally have enough saved up to coast indefinitely. … Continue reading → The post How Much Interest Does $2 Million Pay Monthly? appeared first on SmartAsset Blog.  ( 11 min )
    Do You & Your Spouse Have More in Retirement Savings Than The Average American Couple?
    A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.  ( 8 min )
    An $50,000 Annuity Will Score You This Much Monthly
    Annuities are an ideal option for investors seeking regular income in retirement. They pay out a fixed stream of payments on a monthly or annual basis that you can never outlive. Here's how much you'd get per month if you … Continue reading → The post How Much Does a $50,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 8 min )
    Want to Retire at 55 with $5 Million? This Is What Your Lifestyle Will Be Like
    Let's say you want to retire early, at age 55. Is $5 million enough to achieve your goal? While the cost of living varies from place to place, a nest egg this size would likely give more than enough money for … Continue reading → The post Is $5 Million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 8 min )
    How To Protect Your Assets From Medicaid
    Medicaid can pay for long-term care if you meet its means-testing restrictions. The federal-state program is designed to help only people of limited financial means. However, people with more substantial assets can use three different strategies to shield those assets … Continue reading → The post 3 Ways to Protect Assets from Medicaid appeared first on SmartAsset Blog.  ( 8 min )
    Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes?
    If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Legally Avoid Paying Taxes on a Used Car?
    Sales tax on large purchases, like a car, is crucial to factor into the price. Depending on where you live and the price of your car, sales tax can cost you thousands of dollars. But did you know there are … Continue reading → The post How to Legally Avoid Paying Sales Tax on a Used Car appeared first on SmartAsset Blog.  ( 9 min )
    Can This Score You an Easy 5% Return on Your Cash With No Risk?
    As inflation and interest rates have increased, the rates paid on cash deposits have barely budged – until now. With inflation averaging more than 8% for 2022, the Federal Reserve increased interest rates several times, hiking the benchmark federal funds rate … Continue reading → The post You Can Now Get an Easy 5% Return on Your Cash With No Risk appeared first on SmartAsset Blog.  ( 8 min )
    How Can I Switch a Social Security Benefit to a Spousal Benefit?
    Social Security benefits can provide you with a stream of retirement income that is reliable. Deciding when to take benefits is an important question, especially if you're married and hope to qualify for spousal benefits. If you're already taking Social … Continue reading → The post Rules for Switching Social Security Benefits appeared first on SmartAsset Blog.  ( 9 min )
    Top Gold ETFs for 2023
    iShares Gold Trust Micro offers the lowest fees, Invesco DB Precious Metals Fund has the best return, and SPDR Gold Trust is the most liquid.  ( 19 min )
    Stock Market’s Gains Hinge on Timing of Fed’s ‘Pause’ or ‘Skip’
    (Bloomberg) -- The Federal Reserve’s decision to stop its interest-rate hikes, at least temporarily, is a break for consumers who’ve watched everything from their credit cards to mortgages get more expensive. Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo Order  ( 9 min )
    An Unexpected Recovery Sweeps World’s Riskiest Sovereign Bonds
    (Bloomberg) -- The world’s riskiest sovereign bonds are having a moment as Wall Street investors seek out high yields from countries showing early signs of market-friendly pivots.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo OrderEric Schmidt Buys Abandoned Al  ( 8 min )
    Top S&P 500 ETFs
    iShares Core S&P 500, Vanguard S&P 500, and SPDR Portfolio S&P 500 are tied for lowest fees, while SPDR S&P 500 is the most liquid.  ( 21 min )
    Regional banks' stocks are rallying. Profits aren’t.
    Many lenders are revising down their estimates of a key measure of profitability as they pay more to bring in deposits.  ( 10 min )
    Will the US Treasury yield curve invert further?
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Analysis-Argentina faces crunch IMF talks to defuse looming debt bomb
    Argentina and the International Monetary Fund (IMF) have a $44 billion dilemma, with the two sides set to meet for crunch talks to revamp the country's huge, wobbling debt deal, key to avoiding default on billions in looming debt payments. But with net foreign currency reserves estimated to be in negative territory, hit by a major drought that sunk the key soy and corn harvests, Argentina is at risk again of missing debt repayments, with $2.7 billion due to the fund this month alone. Economy Minister Sergio Massa is expected in Washington as early as this week to try to unlock talks to accelerate IMF disbursements and ease economic targets attached to the deal, with investors and traders watching closely.  ( 7 min )
    Boeing Stock Usually Wins From the Paris Air Show. This Is the Catch.
    The biannual 2023 Paris Air Show starts Tuesday and runs through June 25. It's the first since 2019 after a Covid-related cancellation in 2021.  ( 22 min )
    Jerome Powell in Capitol Hill Spotlight After Fed Pauses
    (Bloomberg) -- Jerome Powell will be in the Capitol Hill spotlight a week after the Federal Reserve paused its most aggressive tightening campaign in decades, with investors watching for clues on whether central bankers are indeed leaning toward further interest-rate hikes.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment  ( 10 min )
    Jack Ma shows up at Alibaba maths competition in Hangzhou after Tokyo seminar to chat with finalists
    Jack Ma, the billionaire founder of Alibaba Group Holding, made a rare public appearance on Saturday in the eastern Chinese city of Hangzhou to chat with the finalists of an annual global mathematics competition organised by the company's in-house research unit. According to a statement from the e-commerce giant's Damo Academy, Ma discussed the "understanding of mathematics" with finalists of the 2023 Alibaba Global Mathematics Competition. This marks the second time that the 58-year-old entrepr  ( 8 min )
    Intel to invest $25 billion in Israel factory in record deal, Netanyahu says
    Intel Corp will build a new factory in Israel worth $25 billion, Prime Minister Benjamin Netanyahu said on Sunday, calling it the largest-ever international investment in the country. The factory in Kiryat Gat is due to open in 2027 and will employ thousands of people, Israel's Finance Ministry said, adding that under the deal Intel will pay up a 7.5% tax rate, up from the current 5%. There was no immediate comment from Intel in Israel.  ( 6 min )
    Boomers Got Hooked on Stocks. Now They Can’t Let Go.
    Nearly two-thirds of U.S. adults age 65 and older have money in stocks.  ( 27 min )
    Home Buyers Have Come to Terms With Higher Mortgage Rates. Where They’re Headed.
    After more than a year of rapid rises in mortgage rates, relief is in sight—but lower rates may not come as quickly as prospective buyers would like, economists say.  ( 22 min )
    Billionaire bungalow tycoon ‘Bob the Builder’ in bankruptcy row
    A billionaire bungalow tycoon has been plunged into a bankruptcy row amid allegations of a trail of unpaid debts.  ( 7 min )
    Lots of Hiring, but Not So Much Working
    Companies are resisting layoffs even as economic weakness looms.  ( 29 min )
    Shell chief sets ‘ruthless’ new course to catch up with US rivals
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Hong Kong’s $1.9 Trillion Stocks Await Boost From Yuan Trading
    (Bloomberg) -- Hong Kong is betting that a new program allowing investors to trade equities in the yuan on top of its local currency will help revive its flagging stock market and boost turnover that’s hovering at a four-year low.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionErmotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAfrica’s Richest Ci  ( 8 min )
  • Open

    Snoeiharde maatregelen nodig om duikvlucht Turkse lira te stoppen
    De Turkse lira is na de verkiezingen in een vrije val geraakt. De munt is maar liefst 20 procent van zijn waarde verloren ten opzichte van de euro. Hoe diep kan de lira nog zakken? En welke koers gaat de Turkse centrale bank varen?  ( 5 min )
    Intel bouwt nieuwe chipfabriek in Israël voor 23 miljard euro
    Het Amerikaanse chipconcern Intel gaat voor 25 miljard dollar (22,8 miljard euro) een nieuwe fabriek bouwen in Israël. Dat zei de Israëlische premier Benjamin Netanyahu zondag. Volgens hem gaat het om de grootste internationale bedrijfsinvestering ooit in Israël.  ( 3 min )
    NU+ | Shell bouwt olie- en gasproductie niet af ondanks groene beloftes
    Ondanks maatschappelijke druk op Shell om te vergroenen, liet de CEO van het bedrijf afgelopen week weten dat de olieproductie niet verder omlaaggaat. Het bedrijf zegt voor te lopen op de doelen om uitstoot te verlagen. Maar Amerikaanse aandeelhouders drukken ook hun stempel.  ( 5 min )
    NU+ | Waarom Shell de olie- en gasproductie niet afbouwt ondanks groene beloftes
    Ondanks maatschappelijke druk op Shell om te vergroenen, liet de CEO van het bedrijf afgelopen week weten dat de olieproductie niet verder omlaaggaat. Het bedrijf zegt voor te lopen op de doelen om uitstoot te verlagen. Maar Amerikaanse aandeelhouders drukken ook hun stempel.  ( 5 min )
    Topman TotalEnergies: Kritiek over 'greenwashing' oneerlijk
    De topman van het Franse olie- en gasconcern TotalEnergies vindt de kritiek van klimaatactivisten dat het bedrijf aan 'greenwashing' zou doen oneerlijk. Volgens Patrick Pouyanné steekt TotalEnergies juist veel geld in duurzame energiebronnen en onder meer de aanleg van laadpalen voor elektrische auto's.  ( 3 min )
    Duitse industrie denkt niet dat economie in het land gaat groeien
    De Duitse economie zal dit jaar niet groeien. Die verwachting heeft de Duitse industrievereniging BDI uitgesproken in de krant Frankfurter Allgemeine Zeitung.  ( 2 min )
    Boeing verwacht verdubbeling van aantal vliegtuigen in komende twintig jaar
    Boeing verwacht dat het aantal vliegtuigen in de lucht de komende twintig jaar verdubbelt. Dat meldt de Amerikaanse vliegtuigbouwer aan de vooravond van het Internationale Lucht- en Ruimtevaartsalon (SIAE) in het Franse Le Bourget.  ( 3 min )
    Kabinet grijpt niet in bij dure boodschappen ondanks Frans voorbeeld
    Het kabinet is niet van plan om het voorbeeld te volgen van nabijgelegen landen die iets aan de hoge prijzen van boodschappen proberen te doen. Zo heeft Frankrijk maatregelen aangekondigd en wil de Belgische minister van Economie fabrikanten dwingen hun prijzen te temperen.  ( 6 min )

  • Open

    Odious Debt Definition
    Odious debt is money that a new government does not want to repay on the grounds of the previous borrowing government's alleged bad actions.  ( 21 min )
    What Is a Journal in Accounting, Investing, and Trading?
    A journal is a detailed record of the financial transactions of a business, designed to be used to reconcile all of the business' accounting records.  ( 23 min )
    How to Trade Options: Buying or Selling Calls and Puts
    Options trading sounds complicated until you know these four basic moves. Learn how to trade options here.  ( 24 min )
    Preparing for Retirement as an LGBTQ+ Person
    Learn about LGBTQ+ retirement challenges and remedies, including higher poverty rates, a savings shortfall, the need to plan, and available resources.  ( 26 min )
    Laddering: Meaning, Overview, Examples, FAQ
    In finance, the term laddering is used in a variety of ways depending on the industry. A common usage relates to bond ladders for retirement income.  ( 23 min )
    How to Buy Gold Bars
    Discover how to buy gold bars and evaluate your purchase's purity, form, size, and authenticity.  ( 24 min )
    Angel Investor Definition and How It Works
    An angel investor provides seed money for early-stage startups, usually in exchange for ownership equity if the idea takes off.  ( 24 min )
    Binance Ordered to Repatriate US Assets, Avoiding Full Asset Freeze
    The Securities and Exchange Commission has secured an emergency action to protect the assets of Binance's U.S. customers.  ( 17 min )
    Should You Buy a House at Auction?
    Real estate auctions bring real estate buying opportunities to many informed house hunters. Learn more about this market.  ( 26 min )
    Family LLC Examples in Estate Planning
    Family limited liability (LLC) companies are useful tools in the United States. They are used to protect family assets and engage in estate planning.  ( 18 min )
    Top 6 Most Tradable Currency Pairs
    The forex market is the largest, most volatile financial market in the world. Before you jump in, you'll want to know the currency pairs that trade the most often.  ( 22 min )
    CPFXX, SPAXX, VMFXX: Top Government Money Market Funds
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    Should I Sell Stocks to Buy CDs Right Now?
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    What Does Impairment Mean in Accounting? With Examples
    An impairment in accounting is a permanent reduction in the value of an asset to less than its carrying value.  ( 27 min )
    GBP/USD (British Pound/U.S. Dollar): Definition and Calculation
    GBP/USD is short for the British pound and U.S. dollar currency pair, or cross, showing how many U.S. dollars (the quote currency) are needed to buy one British pound (the base currency).  ( 22 min )
    Here's What Advice Financial Pros Have Regarding CDs
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    What Is the Best CD Term Right Now?
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    Google Could Owe You Money—Here’s How to Get It
    If you’ve used Google’s search engine and clicked on a link at any time between October 2006 and September 2013, you may be eligible for a small portion of a $23 million settlement.  ( 17 min )
    Account Statement: Definition, Uses, and Examples
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    How to Write a Check in 5 Easy Steps
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    Extended Normal Costing Definition
    Extended normal costing is a method of tracking production costs that uses a budgeted estimate for overhead costs rather than real expenditures.  ( 18 min )
    How to Calculate an Exchange Rate
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    Diffusion of Innovations Theory: Definition and Examples
    The diffusion of innovations theory is a hypothesis outlining how new technological and other advancements spread throughout societies and cultures.  ( 22 min )
    Guide to Hiring a Financial Counselor
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    If a Stop-Limit Is Reached, Will It Always Sell?
    If a stop-limit order is established, find out if it is guaranteed to be executed even when the market is dropping fast. See why the trade may be held up.  ( 19 min )
  • Open

    This Simple but Effective Fund Is 2023’s Most Popular ETF
    One ETF has taken in more money than all others so far in 2023, with a massive $11.3 billion in inflows as of June 6th, according to FactSet. But it’s not a hot new AI fund or an ETF capitalizing on other en-vogue tech trends, although it will give you some exposure to them. Instead, it’s arguably one of the most boring, vanilla ETFs out there, but this doesn’t mean it can’t help you to grow your portfolio. It’s the Vanguard S&P 500 ETF (NYSEARCA:VOO). In fact, whether you are just beginning you  ( 9 min )
    Cathie Wood Sold More Tesla Stock. She Might Not Be Done.
    Cathie Wood's ARK Invest Innovation ETF disclosed more sales of Tesla stock on Friday evening.  ( 22 min )
    The S&P 500 has entered a bull market, but will it last? Here's what 5 Wall Street experts are saying about the stock market's big rally.
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    Bond Bulls Shred 2023 Playbook After Favorite Trade Backfires
    (Bloomberg) -- Bond investors are having to regroup after this week’s Federal Reserve meeting dealt a crippling blow to a strategy that many on Wall Street had banked on at the start of the year.Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionErmotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAirbus Set for Splashy Paris Debut With 500-Jet IndiGo  ( 8 min )
    Powell Wake-Up Call Means More Corporate Defaults: Credit Weekly
    (Bloomberg) -- America’s most leveraged companies got a painful reality check this week when Federal Reserve Chairman Jerome Powell warned that a rate cut is still a couple of years away. Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionErmotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment BankAfrica’s Richest City Is Crumbling Under Chaos and Corruption  ( 9 min )
    The bosses of the Regal Cinemas owner are set to depart with $35 million after Cineworld emerges from Chapter 11
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    There's one big reason why housing inventory is so tight right now
    No content preview
    The Fed just held interest rates and signaled future hikes at the same time – a move that baffled many. Here's how Larry Summers, Mohamed El-Erian, and others have reacted.
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    Binance Ordered to Repatriate US Assets, Avoiding Full Asset Freeze
    The Securities and Exchange Commission has secured an emergency action to protect the assets of Binance's U.S. customers.  ( 18 min )
    Grid asks factories to use less energy next winter under blackout prevention plan
    The National Grid will ask factories and businesses to voluntarily cut their electricity usage this winter under an expansion of a service previously pioneered by households.  ( 6 min )
    Binance reaches deal with SEC to avoid US asset freeze
    The SEC and Binance have reached an agreement that will allow the cryptocurrency exchange to continue operating in the US until a lawsuit filed by the regulator earlier this month is resolved.  ( 7 min )
    Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg
    "Although we expect further declines in inflation going forward, markets appear considerably more optimistic than we are about the pace of cooling," the Goldman strategists wrote in the note dated on Friday, according to the Bloomberg report. Markets are ignoring the potential for "delayed-onset inflation" in sectors such as healthcare, the strategists wrote, Bloomberg reported.  ( 7 min )
    UPS Workers Could Strike This Summer. What to Know.
    United Parcel Service’s largest labor union is ready to play hardball.  ( 22 min )
    Crypto Exchange Binance.US Avoids Broad Asset Freeze
    The exchange agrees to keep assets in the country and under Binance.US executives’ control.  ( 29 min )
    Should I Sell Stocks to Buy CDs Right Now?
    CD are offering exciting rates at over 5%, but does that doesn't mean you sell your stocks to jump into CDs. Advisors caution investors to stick to their long-term financial plans.  ( 19 min )
    Farmers Worry $8.2 Billion Agriculture Deal Will Diminish Competition
    Consumer advocates say Bunge’s agreement to buy Viterra could drive up prices, while Bunge says the companies don’t overlap  ( 28 min )
    Wall Street Rally Wipes Away a Year of Fed-Induced Losses
    (Bloomberg) -- Investors have just turned back the clock on the Fed’s tightening campaign and cast aside the Fed fears that ruled them for 15 months.Most Read from BloombergEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionAfrica’s Richest City Is Crumbling Under Chaos and CorruptionSingapore Airlines Tumbles After Morgan Stanley Slashes RatingCrispin Odey’s One-Week Downfall Was Decades in the MakingMichael Jordan to Sell $3 Billion Hornets Stake to PlotkinThe S&P 500 index capp  ( 9 min )
    This is How Much You Should Have in Your 401(k) by 50
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    Ask An Advisor: I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market?
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    Vanguard vs. Fidelity vs. Schwab: Which Is Best For Me?
    SmartAsset compares three of the largest investment companies based on usability, trade experience, offerings and cost. Learn more here.  ( 11 min )
    How Can I Tell If My Certificates of Deposit (CDs) FDIC-Insured?
    Certificates of deposit (CDs) offer a great, more structured way to save. CDs have specific time terms that typically vary from a few months to a decade. After you make your initial deposit, you can't access your funds until the … Continue reading → The post Are Certificates of Deposit (CDs) FDIC-Insured? appeared first on SmartAsset Blog.  ( 8 min )
    Buy, Borrow, Die: How the Rich Avoid Taxes (& You Can, too)
    Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and preserve more of your wealth. The concept … Continue reading → The post Buy, Borrow, Die: How the Rich Avoid Taxes appeared first on SmartAsset Blog.  ( 10 min )
    How Much Cash Can I Get From a $200,000 Annuity?
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    Defaults raise alarm over stability of San Francisco’s commercial property
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years.
    I've been debating whether to pay off my mortgage. I've refinanced at 2.375% and can get a certificate of deposit (CD) for a year at 4%. I was adding to my mortgage payment by about $1,000 a month to pay … Continue reading → The post Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years. appeared first on SmartAsset Blog.  ( 9 min )
    Rich Americans are fooling themselves about their retirement readiness
    About one-third (34%) of American households say they’re at risk of not being able to replace their working income in retirement.  ( 9 min )
    6 Smart Ways to Turn $20,000 Into Steady Passive Income, ASAP
    If you're looking to receive passive income with your investments, there are many ways to do it. While your best choice will depend on certain factors, such as your age and risk tolerance, there are many ways to invest $20,000. … Continue reading → The post How to Invest $20,000 for Passive Income appeared first on SmartAsset Blog.  ( 8 min )
    Microsoft Looks to the Stars While Doing Activision Duty
    Microsoft, with its Activision Blizzard deal still uncertain, is advancing its cloud-centric subscription-based business model with a slate of coming Xbox videogames including “Starfield.”  ( 28 min )
    84% of Retirees Are Making This RMD Mistake
    Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.  ( 9 min )
    Boeing, CyberArk Lead 5 Stocks Near Buy Points
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    Here's What Advice Financial Pros Have Regarding CDs
    CDs have attracted attention after an era of low interest rates, but financial advisors said they still warrant thoughtful consideration depending on clients' profiles.  ( 18 min )
    What Is the Best CD Term Right Now?
    The best CD term right now might be the one with the highest rate of 5.65%, but if you really want to maximize returns, a slightly lower rate on a longer term will be better.  ( 18 min )
    More Workers Plan to Retire on Less Money by Claiming Social Security Early
    Hammered by inflation, recession fears and doubts about the future of Social Security, an increasing number of working Americans say they plan to claim their Social Security benefits early while staying on the job. Here are the factors driving this … Continue reading → The post More Workers Plan to Retire on Less Money by Claiming Social Security Early appeared first on SmartAsset Blog.  ( 8 min )
    Google Could Owe You Money—Here’s How to Get It
    If you’ve used Google’s search engine and clicked on a link at any time between October 2006 and September 2013, you may be eligible for a small portion of a $23 million settlement.  ( 19 min )
    Red tape means it takes us three years to open a restaurant, says McDonald’s chief
    McDonald’s’ British expansion plans are being scuppered by bureaucracy and planning red tape, the boss of the fast food chain has said.  ( 10 min )
    'Prospects for UBS are better than ever' - CEO Ermotti
    UBS's Chief Executive sought to reassure Switzerland on Saturday over its new banking giant, created by the Swiss bank's historic takeover of former rival Credit Suisse. "The prospects for UBS are better than ever," Sergio Ermotti wrote in an opinion piece published in the Swiss paper Tages-Anzeiger. Ermotti, who returned to the bank as Chief Executive in a surprise move shortly after the government orchestrated rescue of Credit Suisse was announced, addressed public concern over the size of the combined bank.  ( 7 min )
    China's booming one-man bookstore on WeChat shows how Tencent is taking on ByteDance in live-streaming e-commerce
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    When SVB and First Republic Collapsed, So Did Their Employees’ Investments
    Workers at the failed California banks plowed their money into company stock.  ( 30 min )
    Taiwan says will it keep talking to US on forex policies
    Taiwan's central bank said on Saturday it has smooth communication channels with the U.S. Treasury Department and will keep talking with them about foreign exchange policies, after the United States kept the island on a monitoring list. Treasury said on Friday it found that no major U.S. trading partners had manipulated their currencies for an export advantage and ended "enhanced analysis" for Switzerland after the country met only one of three manipulation criteria. In its semi-annual currency report, the department said Switzerland remains on a "monitoring list" for close attention to foreign exchange and economic policies, along with six other trading partners: China, Taiwan, South Korea, Germany, Malaysia and Singapore.  ( 6 min )
    The World’s Most Feared Investor Faces Showdown Over Nickel
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    Goldman Says Markets Too Optimistic on Pace of US Inflation Drop
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    Binance, SEC strike deal to keep US customer assets in country
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    Judge Signs Off on Binance, SEC Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore in Lieu of Restraining Order
    Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday.  ( 7 min )
    A China-based bank that's trying to de-dollarize global lending is now having trouble repaying its dollar debts, report says
    The New Development Bank is having difficulty accessing dollars, and has largely stopped lending, the Wall Street Journal reported.  ( 7 min )
    Global Tax Mess Awaits U.S. Companies, and Congress Isn’t Helping
    The consequences of an international minimum-tax agreement are about to be felt.  ( 28 min )
    How Kroger expanded margins when growth was hard to come by
    Kroger management reaffirmed the “low end” of 1-2% identical sales growth guidance. The post How Kroger expanded margins when growth was hard to come by appeared first on FreightWaves.  ( 9 min )
    Tiger Cool Express ceases operations amid financial troubles
    New details have emerged about Tiger Cool Express’ financial health leading up to the company’s abrupt closure on Tuesday. The post Tiger Cool Express ceases operations amid financial troubles appeared first on FreightWaves.  ( 9 min )
    ETF Fund Flows as of June 16, 2023
    Here are the daily ETF fund flows for June 12, 2023.  ( 5 min )
    Nvidia is the top AI pick and the stock could jump 15% as demand has picked up since the chip maker's blockbuster earnings report, Morgan Stanley says
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    'Big Short' investor Steve Eisman looks beyond tech and is making a big bet on infrastructure
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  • Open

    Duitse industrie verwacht niet dat economie in het land gaat groeien
    De Duitse economie zal dit jaar niet groeien. Die verwachting heeft de Duitse industrievereniging BDI uitgesproken in de krant Frankfurter Allgemeine Zeitung.  ( 2 min )
    Grote staking dreigt bij pakketbezorger UPS in Verenigde Staten
    Bij pakketbezorger UPS dreigt een grote staking in de Verenigde Staten. Vakbondsleden onder de bezorgers en medewerkers van sorteer- en distributiecentra stemden volgens vakbond Teamsters vrijwel unaniem in met acties als er voor eind juli geen nieuw loonakkoord is.  ( 3 min )
    NU+ | Wat doet en verdient een piekbelaster nu?
    Piekbelaster is een relatief jong begrip in de boerengeschiedenis van ons land. Twee jaar geleden hadden we er nog nooit van gehoord, nu weet bijna iedereen wat het betekent. Wat een piekbelaster kan krijgen als die zich laat uitkopen, varieert van een paar miljoen euro tot wel meer dan 10 miljoen euro.  ( 4 min )
    Luchtvaartsector wijst op noodzaak meer subsidie voor schonere brandstof
    De luchtvaartbranche wil dat Europese overheden meer belastinggeld steken in het beperken van de CO2-uitstoot van vliegtuigen. Sprekers op een panel voorafgaand aan de Paris Air Show van volgende week waarschuwden vrijdag dat Europa achterop dreigt te raken bij de Verenigde Staten.  ( 4 min )
    Nog duizenden Reddit-groepen in protest tegen beleid, maar zonder effect
    Bijna negenduizend Reddit-fora gingen begin deze week op zwart. Twee dagen was het idee. Om te protesteren tegen plotselinge kosten waarmee onafhankelijke ontwikkelaars vanaf juli worden opgezadeld. Ruim de helft van de fora is vijf dagen later nog steeds dicht. En Reddit-topman Steve Huffman is niet van plan iets te veranderen aan zijn plannen.  ( 5 min )
    Recordaantal bouwplaatsen biedt een kijkje achter de schermen
    Ruim 160 bouwplaatsen zijn zaterdag te bezoeken tijdens de jaarlijkse Dag van de Bouw. Dat zijn er volgens organisator Bouwend Nederland meer dan ooit.  ( 4 min )
    NU+ | Weg met de vaste energiecontracten? 'Ze bieden alleen nepzekerheid'
    Om de energietransitie te versnellen, moeten we meer stroom gebruiken als er veel zonne- en windenergie wordt opgewekt. Daarom moeten we af van vaste energietarieven en overstappen op 'dynamische' stroomprijzen, vindt klimaateconoom Reyer Gerlagh. Andere experts hebben daar bedenkingen bij.  ( 5 min )
  • Open

    Google Could Owe You Money—Here’s How to Get It
    If you’ve used Google’s search engine and clicked on a link at any time between October 2006 and September 2013, you may be eligible for a small portion of a $23 million settlement.  ( 1 min )

  • Open

    T. Rowe Price Launches 5 New Active ETFs
    The funds are all fully transparent, unlike the firm’s previous stock exchange-traded funds.  ( 6 min )
    Stocks Are on a Roll—and They Can Keep Pushing Higher
    The S&P 500 has broken the 4200 level, marking a support if the stock market were to fall. And if that level were to hold, the index could be gearing up to rally again.  ( 22 min )
    A Schwab Wealth Survey Reveals a Paradox
    Nearly half of the respondents averaging $560,000 in net worth said they were wealthy, when including nonfinancial factors like health and family. But when asked about how much money it took to be wealthy in America, they said $2.2 million.  ( 22 min )
    Look Out, Nvidia: Kroger, Lennar, and Others Get Into the AI Act
    Choosing the AI winners might not be as easy as it looks. While Nvidia is an obvious one, others have a lot of catching up to do.  ( 22 min )
    Putin Is Putting OPEC’s Patience To The Test
    Despite maintaining a relationship with OPEC, Russia’s strategy of supplying large amounts of discounted oil in violation of agreed production cuts is straining its ties with the organization.  ( 8 min )
    The housing market has about 40% fewer homes for sale than before the pandemic, and listings keep falling
    Homeowners are staying put as they try to hold on to the lower mortgage rates secured before borrowing costs went up, Redfin said.  ( 7 min )
    Netflix Stock Can Hit $500
    Analysts weigh in on Salesforce, Oracle, Chevron, Netflix, Kohl’s, and Floor & Decor Holdings  ( 22 min )
    Chinese investors will be back once the country's property and debt problems are resolved, Mark Mobius says
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    Nikola cuts 270 jobs as cash to survive runs low
    Nikola Corp. is laying off 270 employees as its cash condition worsens and company founder Trevor Milton takes shots at leadership. The post Nikola cuts 270 jobs as cash to survive runs low appeared first on FreightWaves.  ( 8 min )
    3 REITs That Just Raised Dividends
    Investors are always happy when a company they own increases its dividend. After all, as an income investor, you just received a raise. But the hikes often mean more than just a company being generous. Dividend increases can also be an indication that the company feels its future earnings will be sufficient to cover the increase being given to its shareholders. This is especially true with real estate investment trusts (REITs) that are mandated by law to pay out a minimum of 90% of their taxable  ( 9 min )
    These IBD 50 Growth Stocks Are Coming Back To Life
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    BlackRock Bitcoin ETF Is the ‘Real Deal’—Is This Finally the One?
    For 10 years, crypto startup after crypto startup has tried its luck with the SEC. Now Wall Street’s heaviest hitter is lending its weight.  ( 7 min )
    Virgin Galactic surges 47% as Richard Branson's space tourism company preps first commercial flight
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    These Bonds Are Cheap—and Yield 5%
    Securities backed by home loans offer attractive income and relatively cheap prices, with some mutual funds and ETFs yielding about 5%.  ( 22 min )
    Move Over, Bud Light. Modelo Especial Is the New Top-Selling Beer.
    Constellation has quietly doubled Modelo Especial sales since 2017, pushing past Corona and finally unseating Bud Light in the past week as America’s favorite beer. Plus, Nasdaq CEO Adena Friedman’s deal to buy Adenza.  ( 22 min )
    How the World’s Most Popular Shopping App Is Quietly Upending Retail
    Controversial China-founded retailer Shein is growing into a global titan. Analysts say that many Western competitors are ignoring the app—at their peril.  ( 50 min )
    2 Reasons the Fed Paused. Don’t Ignore the Politics.
    Economics and politics might have played a role in the Federal Reserve’s decision to forgo an interest-rate hike this month.  ( 22 min )
    Market Rally Strong, But Prep For A Pullback; AMD, Boeing Lead 10 Stocks In Focus
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    Frank founder accused of fraud was dubbed the ‘king of finding magic numbers’ by former employee
    The switch in the company’s public numbers caused a “groundswell of concern” at the startup, according to newly released messages.  ( 9 min )
    Nikola Short Sellers Take a Hit on EV Maker’s Recent Rally
    (Bloomberg) -- Nikola Corp. shares surged this week in a rally that’s eating into paper profits for traders betting against the electric-vehicle maker and setting them up for a short squeeze.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionMichael Jordan to Sell $3 Billion Hornets Stake to PlotkinPutin Says Russia Put First Nuclear Weapons in BelarusA Goldman Partner’s Sexually Explicit Video Le  ( 8 min )
    Defiant Stock Bulls Are Acting Like the Earnings Recession Is a Hoax
    (Bloomberg) -- Another week, another 600 points in the Nasdaq 100. How does this keep happening? It may be that despite the Federal Reserve’s best efforts to drain the economy of vigor, nothing terrible has actually happened to the corporate earnings engine.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionPutin Says Russia Put First Nuclear Weapons in BelarusMichael Jordan to Sell $3 Billion Hor  ( 10 min )
    U.S. Apartment Values 'Will Plunge A Further 20%,' Economists Say, But Wall Street Still Sees Major Upside In These REITs — Be Greedy When Others Are Fearful?
    After falling for seven straight months, the Case-Shiller U.S. National Home Price Index finally showed upticks in February and March. But according to economics research firm Capital Economics, the decline in the housing market is far from over. In their latest report, Capital Economics researchers point out that the increase in home prices in February and March was because of higher demand as a result of declining mortgage rates at the start of this year. But that will prove to be short-lived.  ( 9 min )
    BlackRock’s Bitcoin ETF Would Be a Big Deal
    And it doesn’t really matter if it’s technically a trust.  ( 9 min )
    BlackRock Files For Bitcoin ETF; Coinbase Stock Surges
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    FedEx Stock In Buy Zone Ahead Of Potential Growth-Catalyst Quarter; Olive Garden Parent Also On Deck
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    I Bonds vs. CDs: Which Is the Better Investment Right Now?
    Series I US savings bonds (I bonds) bought before Nov. 1, 2023, pay a guaranteed 4.30% for six months. Or you could open a 6-month CD that pays 5.65%. Which makes the most sense in the long run?  ( 19 min )
    Tesla Stock Gains 27% In June; Musk/Macron Meet Amid U.S.-China Diplomatic Tensions
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    S&P 500 Above 4,400 Leaves No Room for More Gains, Citigroup Says
    (Bloomberg) -- The bull-market rally in US stocks is about to run out of steam, according to Citigroup Inc.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionPutin Says Russia Put First Nuclear Weapons in BelarusA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementMichael Jordan to Sell $3 Billion Hornets Stake to PlotkinStrategists at the bank led by Scott Chronert this week r  ( 8 min )
    How GE Makes Money
    GE generates most of its profit and revenue through its aviation segment.  ( 21 min )
    Stock rally takes breather, but S&P 500, Nasdaq have best week since March: Stock market news today
    US stocks lost steam on Friday after rallying the previous day amid signs of a resilient economy that boosted hopes the Federal Reserve could end its rate-hike campaign soon.  ( 7 min )
    Supertanker rate roller coaster: Surprise spike to $91,000 per day
    The International Energy Agency predicts Asia will buy growing volumes of U.S. crude through 2028. That’s good news for supertanker demand. The post Supertanker rate roller coaster: Surprise spike to $91,000 per day appeared first on FreightWaves.  ( 9 min )
    Week’s Best: What Makes a Person Wealthy? Schwab Asked Investors.
    Here’s our weekly roundup of the week’s most-read articles at Barron’s Advisor.  ( 22 min )
    Elon Musk's latest warning to Nvidia
    Nvidia Corp. (NASDAQ:NVDA) recently made headlines for joining the elite "trillion-dollar group" after its market cap briefly crossed $1 trillion during the last week of May. Nvidia is one of only a handful of companies boasting a 13-figure valuation. Some of the most prominent ones include Apple Inc., Amazon.com Inc., Google parent Alphabet Inc. and Microsoft Corp. Some of which have even surpassed $2 trillion in recent months. Nvidia's rise can be attributed to the increased demand for semicon  ( 9 min )
    2 top economists both hate the Fed’s ‘inexplicable’ and ‘crazy’ signaling on rate hikes—but for totally different reasons
    Two top economists agree that inflation is already conquered, and by continuing the big squeeze, the Fed will likely drive the U.S. into an unecessary, and possibly steep, recession.  ( 11 min )
    Florida couple charged with more than $2M in COVID-19 relief fraud
    A southwest Florida couple has been charged with stealing more than $2 million in COVID-19 relief funds and using the money to buy boats, new businesses and other luxury items. Timothy Craig Jolloff, 46, and Lisa Ann Jolloff, 56, made their initial appearances Friday in Fort Myers federal court on charges of conspiracy to commit money laundering and illegal monetary transactions, according to court records. Timothy Jolloff is also charged with one count of wire fraud.  ( 6 min )
    3 REITs With The Highest Returns Over The Past Year
    If you follow income stocks like real estate investment trusts (REITs) on a regular basis, you will undoubtedly hear a lot about the larger and more popular REITs, such as Realty Income Corp. (NYSE: O), WP Carey Inc. (NYSE: WPC), Equinix Inc. (NASDAQ: EQIX), Prologis Inc. (NYSE: PLD) and others. But often, it’s the lesser-known stocks that can produce the best total performance if they have been growing their earnings or dividends. Earnings and dividend growth often drive stock prices higher, re  ( 9 min )
    Soaring Travel Stocks Risk Stalling as Pent-Up Demand Wanes
    (Bloomberg) -- Airline, hotel and cruise stocks have jumped since late May as consumers rush to travel, but the outlook for later this year is murky and higher interest rates may take their toll on the shares. Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsEric Schmidt Buys Abandoned Alfa Nero Superyacht for $67.6 MillionAfrica’s Richest City Is Crumbling Under Chaos and CorruptionErmotti Suggests ‘Massive Downsizing’ Might Come to Credit Su  ( 8 min )
    Tesla's valuation could soar by another $150 billion thanks to the rise of the robo-taxi, RBC says
    Robo-taxis "could potentially transform society" and account for over 70% of Tesla's future value, analysts said.  ( 7 min )
    A recession is ‘at our doorstep’ but investors are falling for a goldilocks scenario, Wells Fargo says. It ‘isn’t going to end all that well’
    Wells Fargo Investment Institute sees the S&P 500 falling 7% by year-end as corporate earnings sink.  ( 9 min )
    Bud Light Loses Title As Top Beer; Anheuser-Busch Plans To Prop Up Brand
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    The Case for Selling Highflying Tech Stocks Like Nvidia and Microsoft
    After Big Tech's parabolic run, the debate now is whether to hold the shares or fold them. Strategists at Citi argue that they look more like sells than buys.  ( 27 min )
    Nvidia, the newest trillion-dollar company, pays rock-bottom federal taxes in the US
    The latest member of the world’s trillion-dollar club pays a shockingly small amount of federal taxes.  ( 7 min )
    UPS workers authorize strike, seen as leverage for pay talks
    United Parcel Service (UPS) union employees have voted overwhelmingly to authorize a strike should contract talks break down after the current agreement ends in two weeks, the International Brotherhood of Teamsters said on Friday. It comes during relatively cordial talks as new Teamsters General President Sean O'Brien works to get a UPS deal that shares billions of dollars of its pandemic profit with workers and helps to recruit new members - including Amazon.com warehouse staff. Jeremy Tancredi, a former UPS manager turned industry consultant, said the strike authorization vote is a normal step the union takes to ensure they can quickly respond to any impasse after the contract expires.  ( 7 min )
    Where Should You Hold Your Cash Right Now: MMAs, CD, Savings, or Cash Reserve?
    Yields for the top cash reserve accounts, CDs, savings accounts, and MMAs are at multi-year highs. The best choice for your savings likely comes down to the differences between these kinds of accounts.  ( 20 min )
    Micron Warns of Revenue Hit From China Chip Ban. The Stock Is Falling.
    The U.S. chip maker said it will invest more than $600 million to acquire packaging equipment and build a new facility in its Xi'an factory.  ( 22 min )
    Two Views on the Path of Oil Prices
    Oil prices are down sharply from last year's highs and views are split on whether they'll fall further or start climbing again. Analysts generally expect prices to rise from their current level of around $70 a barrel as [the Chinese recovery gains steam](https://www.wsj.com/articles/chinas-stimulus  ( 21 min )
    Disney CFO's surprise exit 'adds yet another wrinkle' to Bob Iger's restructuring
    Disney CFO Christine McCarthy will step down from her longstanding role — a departure that's likely to lead to further headwinds for CEO Bob Iger.  ( 8 min )
    Why our obsession with bull markets is...'bull'
    If you listen to what many market commentators and journalists are saying these days, you know—or think you know—that U.S. stocks are in a bull market. That’s because on June 8, the Standard & Poor’s 500 Index closed at 4,294, the first day it was more than 20% above its recent low of 3,577 on Oct. 12, 2022.A 20% rise from a recent low, these people say, means that we’re in a bull market. To which I say, “bull.”  ( 9 min )
    Stocks to Watch Friday: Adobe, Microsoft, Virgin Galactic
    ↗️ Adobe (ADBE): The software company’s stock rose 3% in morning trading after Adobe posted second-quarter earnings that topped analysts’ expectations. ↗️ iRobot (IRBT): Stock jumped 19% af  ( 20 min )
    Coherus BioSciences Acquires Small Immuno-Oncology Player Surface Oncology For $40M
    Coherus BioSciences Inc (NASDAQ: CHRS) has agreed to acquire Surface Oncology Inc (NASDAQ: SURF), a clinical-stage immuno-oncology (I-O) company developing next-generation immunotherapies that target the tumor microenvironment. The Surface acquisition adds two clinical stage assets to Coherus' I-O pipeline: SRF388, currently in Phase 2 trials in lung and liver cancer, and SFR114, currently in a Phase 1/2 study as a monotherapy for advanced solid tumors. Coherus will issue shares at $5.2831 per s  ( 7 min )
    Stocks rise as rally continues with economy in focus: Stock market news today
    US stocks are setting up to open flat on Friday, after rallying the previous day amid signs of a resilient economy that boosted hopes the Federal Reserve could end its rate-hike campaign soon.  ( 7 min )
    The Cava IPO had a secret ingredient
    There is another reason why Cava's stock came out of the gate gangbusters: Its chairman.  ( 10 min )
    Virgin Galactic Stock Jumps. It’s Taking Tourists to Space Soon.
    Galactic 01 will fly between June 27 and June 30 and carry three crew members from Italy’s Air Force and National Research Council and will conduct microgravity research.  ( 22 min )
    Apple’s Expensive Valuation Seems Perplexing. These Factors Explain It.
    The stock, rising in value toward $3 trillion, is one reason why the S&P 500 is up 15% so far this year. That makes the valuation worthy of a close look.  ( 22 min )
    Bud Light maker CEO tells customers, 'We hear you,' but doesn't apologize as sales tank
    The CEO of Bud Light’s maker has released a message telling its “valued customers" that “we hear you" as sales of the beer are declining.  ( 8 min )
    Baby Boomers, You Need This Much Money to Retire Comfortably
    The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.  ( 10 min )
    In Case You Missed it: 2023's IRA Required Minimum Distribution (RMD)
    An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.  ( 9 min )
    How Much Will a $300,000 Annuity Pay Me Every Month?
    When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 9 min )
    Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This
    Approximately 80% of all Americans aged 60 and older are homeowners, and housing wealth accounts for about 48% of the median wealth of that group. As retirees near large cities, and strong housing markets, start retiring, they realize they can … Continue reading → The post Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This appeared first on SmartAsset Blog.  ( 9 min )
    Can I Live Off The Interest of My $1 Million Portfolio?
    Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 11 min )
    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
    I am 66 years old, still working and with very good health insurance. My company does not have a 401(k). I do have an individual retirement account (IRA) with approximately $120,000 invested. I contribute $272 per month, yet my program … Continue reading → The post Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution appeared first on SmartAsset Blog.  ( 9 min )
    Is My 401(k) Balance Off the Mark For My Age?
    It can be hard to know if your retirement savings are on track, but comparing your balance to where others similar in age are can help. In particular, taking a look at the average 401(k) balance by age is a good place … Continue reading → The post The Average 401(k) Balance by Age: Are You Off the Mark? appeared first on SmartAsset Blog.  ( 10 min )
    Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?
    My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.  ( 10 min )
    How Can I Stop Enabling Family Who Rely on Me to Pay Their Bills?
    The recession, inflation and COVID-19 have made a bad situation worse. Financial dependency now has aging parents living with their adult children and their adult children footing the bill for their parent's ill-planned retirement. All while also trying to raise … Continue reading → The post Enablement Could Leave you Permanently Footing the Bill for Your Entire Family appeared first on SmartAsset Blog.  ( 8 min )
    How Dave Ramsey’s Advice on Time-Shares Sparked a $150 Million Lawsuit
    Dave Ramsey’s endorsements of a time-share exit service did not make clear that he was being paid millions of dollars by the company, according to the lawsuit.  ( 22 min )
    Stocks Just Can’t Compete With Bonds Right Now
    The S&P 500’s recent rally has pushed the index’s valuation multiple higher.  ( 22 min )
    Ex-Yahoo CEO Marissa Mayer says her experience as a startup founder is inspired by her former Google bosses Larry Page and Sergey Brin
    The former Yahoo CEO is now running the A.I. contacts platform Sunshine.  ( 8 min )
    Dow Jones Futures Rise Ahead Of Inflation Survey; Virgin Galactic Rockets 40% On Spaceflight Plans
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    10 Stocks Soar To Highs Investors Have Never Seen Before
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    iRobot Stock Shoots Up After U.K. Approves Sale to Amazon
    The Competition and Markets Authority said the “deal would not lead to competition concerns in the U.K” or put rivals at a disadvantage.  ( 22 min )
    Iranian Oil Is Quietly Flooding Into the Global Market Again
    (Bloomberg) -- Iran is shipping the most crude in almost five years, fortifying its re-emergence on the geopolitical stage while posing risks for a fragile global crude market.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementCrispin Odey’s One-Week Downfall Was Decades in the MakingAlphabet Selling Google Domains Assets to SquarespaceSocial Security Benefits Targeted for Cuts by House Con  ( 10 min )
    5 Things to Know Before Markets Open
    Virgin Galactic says it's ready to start commercial space tourism flights and consumer sentiment is expected to tick higher. Here’s what investors need to know today.  ( 17 min )
    Amazon's $1.7 billion deal to buy Roomba maker iRobot gets UK approval
    British antitrust regulators cleared Amazon’s purchase of robot vacuum maker iRobot on Friday, but the $1.7 billion deal still faces scrutiny in the United States and Europe. The Competition and Markets Authority said it decided not to escalate its initial investigation because it concluded that the deal would not result in a “substantial lessening of competition” within the United Kingdom. Amazon said it was pleased with the result.  ( 7 min )
    How To Invest In Treasuries And Capture Today's Plump Yields
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    A Bank China Built to Challenge the Dollar Now Needs the Dollar
    How Russia’s war in Ukraine paralyzed the Brics’s New Development Bank.  ( 31 min )
    Electric-vehicle startups set to extend blistering rally
    The winning streak has come without any apparent news or catalyst for the companies, leading several analysts and traders to point to a potential squeeze in the highly shorted stocks. For instance Nikola, which has more than doubled in value this week, has a short interest of 15.7%, according to Refinitiv. Other big gainers such as Lordstown and Workhorse Group have short interests of 15.2% and 24.3%, respectively.  ( 7 min )
    Virgin Galactic Stock Soars as Company Readies for First Commercial Space Flight
    Virgin Galactic (SPCE)'s shares are rocketing after the company said it was days away from sending its first commercial flight into space, following years of delays. Galactic 01 is due to fly between June 27 to June 30, carrying a team of three Ita  ( 20 min )
    UK clears Amazon's $1.7 billion deal for Roomba-maker iRobot
    Britain's competition regulator on Friday cleared Amazon.com Inc's planned $1.7 billion acquisition of iRobot Corp, maker of the Roomba vacuum cleaner. The Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK. In April, the CMA had launched a "Phase 1" probe into the deal which was announced in August last year as Amazon sought to expand its stable of smart-home devices.  ( 6 min )
    Oracle Is Finally Thriving in the Cloud. AI Is Next.
    Oracle stock has already gotten a big lift from the generative AI trend. The company says it’s just getting started.  ( 22 min )
    These Stocks Are Moving the Most Today: Adobe, Cava, Virgin Galactic, Microsoft, Micron, and More
    Adobe posts fiscal second-quarter earnings better than analysts' estimates and raises its fiscal-year outlook, Cava extends gains after surging nearly 100% in the stock's trading debut, and Virgin Galactic surges as it readies commercial spaceflights for the end of the month.  ( 22 min )
    BofA’s Hartnett Sees Big US Stock Rally Followed by Big Collapse
    (Bloomberg) -- The S&P 500 may have entered a technical bull market last week, but Bank of America Corp.’s Michael Hartnett say it’s not the start of a new major rally in equities.Most Read from BloombergA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementSocial Security Benefits Targeted for Cuts by House ConservativesStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapAlphabet Selling Google Domains Assets to SquarespaceThe strategist who correctly predicted the s  ( 8 min )
    5 big analyst cuts: SoFi Technologies slashed with 3 downgrades, shares plunge
    Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at SoFi Technologies, Mersana, Zions, and RPC, and initiation at MSCI. Piper Sandler adjusted its rating to Neutral from Overweight with a price target of $8.00 (from $6.50). Meanwhile, BofA Securities downgraded the company to Neutral from Buy with a price target of $10.00 (from $9.50).  ( 7 min )
    Billionaire Perrodo Family’s Oil Riches Are Slowly Pulled Into the Open
    (Bloomberg) -- It was a rare public appearance by the head of the billionaire Perrodo family’s multinational oil company.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are CloggedWorkers Resisting the Office Grind Are Suddenly Lonely at HomeBenoit  ( 9 min )
    Drilling Stocks Plunge on Bets for Oil Price Slump
    Shares of onshore drillers have fallen steeply after a wave of recent rig idlings, which investors fear could signal a coming drop in oil demand amid a slowing economy.  ( 28 min )
    Why a Bull Market Is a Bad Time to Check Your 401(k)
    Your balance is likely up, but there are reasons to resist the urge to peek at your retirement savings.  ( 28 min )
    Dow Jones Futures: Stocks Run As Microsoft Roars, But This Risk Grows; Adobe Hails 'AI Era'
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  • Open

    Market: What It Means in Economics, Types and Common Features
    A market is where two parties, usually buyers and sellers, can gather to facilitate the exchange of goods and services.  ( 25 min )
    Retail Banking: What It Is, Different Types, Common Services
    Retail banking consists of basic financial services, such as checking and savings accounts, among others, that are sold to the general public via local branches.  ( 23 min )
    Retiring Soon? Here's How a CD Can Help Maximize Your Savings Right Now
    If you're planning to retire in 2024 or 2025, a fixed-rate CD paying 5.25% APY (or more) could help your cash savings grow faster so you're financially prepared.  ( 17 min )
    Which Banks Have the Best CD Rates?
    The Federal Reserve is keeping interest rates high, and banks are offering some of their best rates on CDs in years.  ( 15 min )
    Dow Jones Today: Index Drops as Market Rally Fizzles
    Investors couldn’t keep up the momentum from this week’s Fed rates news, but the Dow Jones Industrial Average still moved higher for the third-straight week  ( 17 min )
    Paying Off Debt With a Balance Transfer
    A credit card balance transfer can be a way to pay off your credit card debt more quickly while also saving on interest. But there are some risks.  ( 23 min )
    Markets Ended the Day Lower on Friday, June 16, 2023, but Up for the Week on Inflation, Fed Optimism
    Markets closed lower for the day, higher for the week on lower inflation, expectations the Fed may be pause or halt interest rate hikes.  ( 16 min )
    I Bonds vs. CDs: Which Is the Better Investment Right Now?
    Series I US savings bonds (I bonds) bought before Nov. 1, 2023, pay a guaranteed 4.30% for six months. Or you could open a 6-month CD that pays 5.65%. Which makes the most sense in the long run?  ( 18 min )
    DraftKings and Fanatics in Bidding War for PointsBet's US Assets
    DraftKings made a $195 million cash bid for the U.S. assets of PointsBet, a higher offer than Fanatics.  ( 16 min )
    What Does a Financial Advisor Do?
    Just what does a financial advisor do? A lot, in fact. And any potential client should do their due diligence and come prepared with questions.  ( 31 min )
    Deposit Slip: What It Is, How It Works, Benefits
    A deposit slip is a paper form that a bank customer includes when depositing funds into a bank account. It cites the depositor's account number and the amount deposited  ( 21 min )
    How GE Makes Money
    GE generates most of its profit and revenue through its aviation segment.  ( 21 min )
    Easing Inflation Boosts Consumer Sentiment
    The University of Michigan's Consumer Sentiment Index rose in June to its highest level in four months as inflation eased.  ( 16 min )
    Why Today's 5% Savings Rates Are the Best We've Seen Since 2007
    On the heels of the pandemic, the Fed has been battling decades-high inflation with aggressive rate hikes, and driving savings account rates to almost 16-year highs.  ( 18 min )
    Understanding Gold ETFs vs. Gold Futures
    Gold ETFs and gold futures are two ways to diversify into the metals asset class, but there are significant differences between the two investment vehicles.  ( 26 min )
    Are Online Banks Safe Right Now?
    Sure, online-only banks are offering great interest rates on high-yield savings accounts and certificates of deposit these days, but how safe is your money?  ( 14 min )
    What Is a Broad-Based Index, and What Are Some Broad Index Funds?
    A broad-based index is designed to reflect the movement of the entire market—one example of a broad-based index is the Dow Jones Industrial Average.  ( 21 min )
    Capital Stock Insurance Company Definition
    A capital stock insurance company is an insurer that gets capital from stockholder contributions, in addition to other reserve or surplus accounts.  ( 20 min )
    Top CD Rates Today, June 16, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Regulation Best Interest (BI): Definition, Broker Obligations
    Regulation Best Interest (BI) is an SEC rule that requires broker-dealers to recommend only products that are in their customers' best interests.  ( 24 min )
    Analyzing a Bank’s Financial Statements: An Example
    Unique characteristics are included in the balance sheet and income statement of a bank's financial statements that help investors decipher how banks make money.  ( 24 min )
    Marcus CD Rates: April 2023
    CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 19 min )
    Investment Banks vs. Merchant Banks: What's the Difference?
    Investment banks participate in trade financing activities while merchant banks often expand into securities underwriting.  ( 20 min )
    What Is a Quartile? Example and How It Works
    A quartile is a statistical term describing a division of a data set into four equal intervals.  ( 21 min )
    Inflation Cools to 4% As Cost of Living Increases Simmer Down
    The Consumer Price Index rose 4% over 12 months in May, down more than half from the 9.1% inflation peak logged less than a year ago in June 2022 and its lowest since March 2021.  ( 18 min )
    Markets Little Changed Midday but on Track for Weekly Gains Heading into Holiday
    U.S. equities were little changed at midday on Friday, June 16, 2023, but on track for a winning week heading into the long holiday weekend.  ( 16 min )
    Tax Preparer vs. Tax Software: How To Choose
    A paid tax preparer can provide expert advice and save you time, but doing your own taxes with the help of software will save you money.  ( 25 min )
    Amazon's Purchase of iRobot Approved by UK Regulators
    U.K. regulators approved Amazon's $1.7 billion purchase of Roomba vacuum maker iRobot.  ( 16 min )
    Top Robo-Advisors Offer At Least 4.55% on Your Cash
    With the Federal Reserve keeping interest rates steady, robo-advisors are able to continue to offer some of the highest rates on cash accounts.  ( 18 min )
    What Is a Boiler Room Operation?
    A 'boiler room operation' uses high-pressure sales tactics to cold call clients and then push them to buy risky, intransparent penny stocks. Know how to spot one, and beware.  ( 17 min )
    AI Excitement Fuels Gains for Adobe
    Adobe posted record Q2 revenue as its use of AI boosted demand.  ( 16 min )
    Aftermarket Performance Definition and Example
    Aftermarket performance is the variation in the price level of a newly issued stock during a period after its initial public offering (IPO).  ( 22 min )
    Upstream vs. Downstream Oil and Gas Operations: What's the Difference?
    Upstream and downstream oil and gas production refers to a company's location in the supply chain.  ( 21 min )
    When Stock Prices Drop, Where's the Money?
    Investor perception of a company's value can create money—and make it disappear into thin air. Here's a look at some drivers of price and how gains and losses occur.  ( 23 min )
    Independent Agent: What It Is, How It Works
    An independent agent can sell the insurance or financial products of several carriers and is not captive to just their direct employer's products.  ( 20 min )
    Where Should You Hold Your Cash Right Now: MMAs, CD, Savings, or Cash Reserve?
    Yields for the top cash reserve accounts, CDs, savings accounts, and MMAs are at multi-year highs. The best choice for your savings likely comes down to the differences between these kinds of accounts.  ( 20 min )
    Is There a Limit to How Many CDs You Can Have?
    There is no limit on how many CDs you can open, and it may be wise to open multiple with varying maturities as a CD ladder. But remember: CDs require you to lock up your money, or pay a penalty.  ( 17 min )
    The Most Typical Holding in a Special Purpose Vehicle
    Property-based investments are the most common kind of holding within a special purpose vehicle, or SPV, and they help the parent company.  ( 19 min )
    30-Year Mortgage Rates Edge Up, While Other Rates Are Mixed
    The average rate for a new purchase 30-year fixed mortgage ticked up just 1 basis point on Thursday to 7.14%. Other rates were mixed, with increases and decreases across loan types.  ( 20 min )
    Virgin Galactic Shares Surge After Announcing Its First Space Tourism Flights
    Shares of Virgin Galactic surged after announcing it would begin to offer commercial space tourism services in late June.  ( 16 min )
    What Is a Merchant Account? How Accounts and Processing Works
    A merchant account is a business bank account allowing companies to accept payments and pay bills.  ( 21 min )
    Term of the Day: Variable-Rate Certificates of Deposit (CDs)
    A variable rate certificate of deposit (CD) has a fixed term but an interest rate that changes based on various economic conditions over time. Variable rate CDs make sense when interest rates rise but can become a trap when rates fall.  ( 16 min )
    What Is Hazard Insurance For Homeowners? How Coverage Works
    Hazard insurance protects a property owner against damage caused by fires, severe storms, earthquakes, or other natural events.  ( 21 min )
    Who Should Buy CDs Right Now?
    CDs are offering tempting rates of over 5.00% right now. Anyone who wants to invest their savings to meet specific financial goals and beat inflation should buy CDs right now.  ( 18 min )
    Appraisal Approach: Definition, How Process Works, and Example
    The appraisal approach is a procedure for determining an asset's value using an appraisal, rather than market transaction pricing.  ( 19 min )
    Suggestive Selling (Upselling): Definition, Purposes, Examples
    Suggestive selling is a sales technique in which the customer is asked if they want to include a supplemental item or service with a purchase.  ( 20 min )
    BlackRock Files for a Spot Bitcoin ETF
    Asset management giant BlackRock filed an application with the Securities and Exchange Commission for a spot Bitcoin ETF using Coinbase for custody. If approved, it would be the first product of its kind in the U.S.  ( 18 min )
    Best CD Rate vs. S&P 500 Return: Which Is Better Right Now?
    The best CDs now allow savers to lock in interest rates above 5%. How does this stack up against the S&P 500 this year?  ( 16 min )
    What Net Interest Margin Is Typical for a Bank?
    Understand what kind of net interest margin is typical for financial institutions, and discover why net income margin doesn't tell the whole story.  ( 20 min )
    5 Things to Know Before Markets Open
    Virgin Galactic says it's ready to start commercial space tourism flights and consumer sentiment is expected to tick higher. Here’s what investors need to know today.  ( 18 min )
    Bank Credit: Definition, How It Works, Types, and Examples
    Bank credit is the total amount of credit available to a business or individual to borrow from a banking institution.  ( 22 min )
    What Is the Minimum Capital Adequacy Ratio Under Basel III?
    Find out more about the capital adequacy ratio, or CAR, and the minimum capital adequacy ratio that banks must attain under Basel III.  ( 22 min )
    Direct Deposit: What It Is, How It Works, Benefits & Risks
    Direct deposit is the deposit of electronic funds directly into a bank account. It offers a predictable process for funds transfer.  ( 23 min )
    Brexit Meaning and Impact: The Truth About the UK Leaving the EU
    Brexit refers to the U.K.'s withdrawal from the European Union after voting to do so in a June 2016 referendum.  ( 49 min )
    Original Equipment Manufacturer (OEM): Definition and Examples
    An original equipment manufacturer (OEM) provides components for another company's product and works closely with the seller of the finished product.  ( 23 min )
    How Amgen Makes Money
    Amgen produces drugs to treat several conditions and markets them worldwide. Learn its revenue-earning structure and how it makes money.  ( 20 min )
  • Open

    Markets Ended the Day Lower, but Up for the Week on Inflation, Fed Optimism
    Markets closed lower for the day, higher for the week on lower inflation, expectations the Fed may be pause or halt interest rate hikes.  ( 1 min )
    Dow Jones Today: Index Drops as Market Rally Fizzles
    Investors couldn’t keep up the momentum from this week’s Fed rates news, but the Dow Jones Industrial Average still moved higher for the third-straight week  ( 1 min )
    Markets Little Changed Midday but on Track for Weekly Gains Heading into Holiday
    U.S. equities were little changed at midday on Friday, June 16, 2023, but on track for a winning week heading into the long holiday weekend.  ( 1 min )
    5 Things to Know Before Markets Open
    Virgin Galactic says it's ready to start commercial space tourism flights and consumer sentiment is expected to tick higher. Here’s what investors need to know today.  ( 1 min )
  • Open

    DraftKings and Fanatics in Bidding War for PointsBet's US Assets
    DraftKings made a $195 million cash bid for the U.S. assets of PointsBet, a higher offer than Fanatics.  ( 1 min )
    AI Excitement Fuels Gains for Adobe
    Adobe posted record Q2 revenue as its use of AI boosted demand.  ( 1 min )
    Amazon's Purchase of iRobot Approved by UK Regulators
    U.K. regulators approved Amazon's $1.7 billion purchase of Roomba vacuum maker iRobot.  ( 1 min )
    Virgin Galactic Shares Surge After Announcing Its First Space Tourism Flights
    Shares of Virgin Galactic surged after announcing it would begin to offer commercial space tourism services in late June.  ( 1 min )
  • Open

    Luchtvaart wil meer subsidie voor schonere vliegtuigbrandstof
    De luchtvaartbranche wil dat Europese overheden meer belastinggeld steken in het beperken van de CO2-uitstoot van vliegtuigen. Sprekers op een panel voorafgaand aan de Paris Air Show van volgende week waarschuwden vrijdag dat Europa achterop dreigt te raken bij de Verenigde Staten.  ( 4 min )
    Kabinet laat ultimatum leraren verlopen, mogelijk stakingen na zomervakantie
    De kans is groot dat de leraren in het onderwijs na de zomervakantie gaan staken. Het kabinet weigert voorlopig aan de eisen van de vakbonden te voldoen en is niet bereid tot een loonsverhoging van 12 procent.  ( 3 min )
    Meer geld voor lage- en middeninkomens om huis te verduurzamen
    Het kabinet trekt nog eens 900 miljoen euro uit, zodat ook lage- en middeninkomens hun woning kunnen verduurzamen. Zij kunnen dan via een renteloze lening bijvoorbeeld een warmtepomp aanschaffen.  ( 3 min )
    Nog duizenden Reddit-groepen in protest tegen nieuw beleid, maar zonder effect
    Bijna negenduizend Reddit-fora gingen begin deze week op zwart. Twee dagen was het idee. Om te protesteren tegen plotselinge kosten waarmee onafhankelijke ontwikkelaars vanaf juli worden opgezadeld. Ruim de helft van de fora is vijf dagen later nog steeds dicht. En Reddit-topman Steve Huffman is niet van plan iets te veranderen aan zijn plannen.  ( 4 min )
    President Bundesbank verwacht renteverhoging ECB na de zomer
    De Europese Centrale Bank (ECB) zal de rente na de zomer mogelijk verder verhogen om de hoge inflatie in de eurozone tegen te gaan. Dat zegt president Joachim Nagel van de Bundesbank.  ( 3 min )
    Fransen klagen Philips aan voor doodslag vanwege slechte slaapapneuapparaten
    Een groep van ruim tweehonderd Fransen klaagt Philips aan vanwege de gebreken in de slaapapneuapparaten. In de aanklacht wordt het bedrijf onder meer beschuldigd van doodslag, misleiding en het in gevaar brengen van levens.  ( 3 min )
    Grootste cryptoplatform ter wereld Binance trekt zich terug van Nederlandse markt
    Nederlandse beleggers kunnen vanaf medio volgende maand niet meer beleggen in digitale valuta via Binance. Het grootste cryptoplatform ter wereld biedt zijn diensten in ons land vanaf dan niet langer aan, omdat het ondanks meerdere pogingen geen vergunning krijgt van toezichthouders.  ( 3 min )
    FNV naar mensenrechtencollege voor hogere lonen bij sociale werkplaatsen
    FNV vindt dat personeel van sociale werkplaatsen ongelijk wordt behandeld en stapt daarom naar het College voor de Rechten van de Mens. De vakbond en de medewerkers willen een hoger loon, maar de gemeenten bieden dat nog niet.  ( 3 min )
    Economie groeide afgelopen jaren, maar ons geluk groeide niet mee
    Onze economie groeit sinds 2019, maar Nederlanders zijn niet tevredener geworden. Onder meer ons geluk, onze woonsituatie en onze gezondheid gingen er niet op vooruit, stellen de Universiteit Utrecht en Rabobank op basis van onderzoek naar de 'brede welvaart'.  ( 3 min )
    KLM wil overlast rond Schiphol verminderen met stillere vliegtuigen
    KLM en andere luchtvaartmaatschappijen hebben een alternatief plan ingediend om de overlast van vliegtuigen rondom Schiphol te verminderen. Ze willen de geluidsoverlast voor omwonenden terugdringen door nieuwe, stillere toestellen in te kopen om 's nachts mee te vliegen. Maar Schiphol zelf wil in de nacht juist dicht.  ( 4 min )
    Aftappen van de zon: hoeveelheid stroom uit zonlicht bijna met helft toegenomen
    De Nederlandse productie van zonnestroom is in 2022 opnieuw enorm toegenomen. We haalden 46 procent meer elektriciteit uit zonlicht dan een jaar eerder, en zelfs drie keer zoveel als in 2019.  ( 3 min )
    Omwonenden Tata Steel opnieuw naar de rechter voor schonere lucht
    Bewoners uit de omgeving van Tata Steel starten een nieuwe rechtszaak tegen de provincie Noord-Holland. Zij vinden dat het provinciebestuur harder moet optreden tegen de vervuiling van de staalfabriek, meldt milieuorganisatie MOB.  ( 3 min )
    Leraren willen meer loon, vakbonden maken zich op voor actie
    Werknemers in het onderwijs willen een hoger salaris. De onderwijsvakbonden hebben een ultimatum gesteld dat vrijdag afloopt. Wat is er aan de hand?  ( 3 min )

  • Open

    The AI Boom Is Not Fully Priced into These 2 SemiCap Stocks, Says Wall Street’s Best Analyst
    Trends come and go but the latest craze to take Wall Street by storm is proving quite persistent. AI hype has been all the rage this year and stocks with exposure to generative AI and LLMs (large language models) have been reaping the benefits. So much so, that Wall Street’s best analyst thinks it’s time to change tune on many of them. Surveying the SemiCap space, Needham analyst Quinn Bolton is confronted by a plethora of names boasting lofty valuations with little room left to run from here. “  ( 10 min )
    Average 401(k) account balances tumbled last year, Vanguard research shows
    New Vanguard data released Thursday shows that 401(k) balances plummeted in 2022, primarily due to the "decrease in equity and bond markets" over the year.  ( 7 min )
    Rivian’s SUV Production Is Outpacing Pickup Truck Volume
    (Bloomberg) -- Rivian Automotive Inc. is rapidly ramping up production of its electric SUV, which the company’s chief financial officer says is on track to overtake output of the startup’s plug-in pickup this quarter.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South China Sea Won’t Return Until 2  ( 7 min )
    Ousted Nikola Founder Urges Leadership Change at EV Maker
    (Bloomberg) -- Nikola Corp. founder Trevor Milton called for leadership change at the electric-truck maker and urged shareholders to vote against upcoming company-backed proposals in his first social-media posts in years.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are CloggedNYC’s Rent Surge Defied by New Grads Pur  ( 7 min )
    Recession or no recession? Why Deutsche Bank says an economic downturn is 100% inevitable
    The U.S. economy boomed and now, it's time to bust, Deutsche Bank says. The investment bank sees 100% chance of U.S. recession this year. Here's why.  ( 7 min )
    A $4.2 Trillion Options Event Looms for Newly Minted Bull Market
    (Bloomberg) -- The gravity-defying bull market is handing stock investors a fresh conundrum as an unusually big pile of options expires Friday: Chase gains via bullish derivatives or hedge with bearish bets?Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are  ( 9 min )
    Adobe tops quarterly results and forecast estimates driven by AI
    Adobe Inc surpassed Wall Street estimates for quarterly results and forecast on Thursday as the Photoshop maker's efforts to drive up demand with generative artificial intelligence (AI) integrations paid off. Shares of the San Jose, California-based company rose more than 5% in aftermarket trading. Adobe's spree to boost AI innovation has been evident by AI features being introduced into Acrobat, Express, Photoshop and Premiere Pro.  ( 7 min )
    Warren Buffett's $151 Billion Gamble: Customers Won't Trade Their Apple iPhones For $10,000, And Here's Why
    Legendary investor Warren Buffett, an ardent supporter of Apple Inc. stock, has highlighted the company’s exceptionally devoted customer base as a key factor in his admiration. According to Buffett, iPhone users display such unwavering brand loyalty that they would not permanently part ways with their phones even if offered $10,000. Don't Miss: Why Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Berkshire Hathaway Inc., the investment conglomerate Buffe  ( 8 min )
    Adobe Beats Quarterly Goals On Record Cloud Software Demand
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    Why It's Almost Never a Good Idea to Let Your Maturing CD Roll Over
    If you have a CD that's about to mature, you need to tell the bank what you want done with your funds. If you don't, you may not like the results you get stuck with.  ( 20 min )
    Apple’s Expensive Valuation Seems Perplexing. These Factors Explain It.
    The stock, rising in value toward $3 trillion, is one reason why the S&P 500 is up 15% so far this year. That makes the valuation worthy of a close look.  ( 25 min )
    Disney Finance Chief Christine McCarthy to Step Down
    Kevin Lansberry of Disney parks is appointed interim CFO effective July 1.  ( 27 min )
    Cava’s blockbuster IPO has an unlikely winner: The former CEO of Panera whose stake is now worth about $535 million
    Cava’s executive team—including the CEO, CFO, and chief concept officer—also have stakes now worth millions.  ( 7 min )
    These Are The 5 Best EV Stocks To Buy And Watch Now
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    Charlie Munger Said Healthcare Providers Artificially Prolong Death To Make More Money, Compares Patients To African Carcass
    Billionaire investor Charlie Munger has been vocal in expressing his concerns about U.S. healthcare, stating that it is "shot through with rampant waste" and has become "immoral." Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s Vision For Reuniting American Families Munger says there are substantial problems that need to be addressed, including the presence of unnecessary costs and inefficiencies that plague the medical field. Drawing a vivid analogy at a Daily Journal Annual  ( 7 min )
    Is Pfizer Stock A Buy As It Shores Up Its Pipeline Amid Covid Declines?
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    Stocks Just Can’t Compete With Bonds Right Now
    The S&P 500’s recent rally has pushed the index’s valuation multiple higher.  ( 22 min )
    AT&T’s office mandates could be a covert way of trimming headcount: ‘It’s a layoff wolf in return-to-office sheep’s clothing’
    AT&T is yanking thousands back to the office. Some of its workers think that has nothing to do with productivity.  ( 9 min )
    Fed’s Bostic Made Multiple Trades in Blackout Period Before May 2022 FOMC Meeting
    (Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic made multiple trades leading up to the central bank’s meeting last May, revealing additional transgressions of the central bank’s trading rules that have since been disclosed and are under investigation.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysSocial Security Benefits Targeted for Cuts by House ConservativesNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleUS Submari  ( 7 min )
    California Takes Aim at Tax Loophole for State's Richest
    California would like to crack down on a type of trust that lets the very wealthy avoid state income and federal gift taxes. And the Golden State is not alone: A number of state officials have taken aim at the … Continue reading → The post California Takes Aim at Tax Loophole for State's Richest appeared first on SmartAsset Blog.  ( 10 min )
    JPMorgan Says Ex-First Lady of U.S. Virgin Islands Helped Epstein Traffic Women
    Cecile de Jongh arranged visas for Epstein’s alleged victims and asked him for political donations, court filings show.  ( 36 min )
    Tesla Has 2 New Deals—One for Car Buyers, One for Investors
    Electric-vehicle maker Tesla is offering three months of supercharging on Model 3 sedans bought from existing inventory. That might signal weak demand, and investors should consider insurance.  ( 22 min )
    Russia Nears Deals to Sell Gusher of Oil
    State-controlled energy giant Rosneft is close to locking in buyers in what could be the largest oil and refined fuels tender since the start of the war in Ukraine.  ( 30 min )
    What's Going On Nvidia, AMD And Peer AI Chipmakers Stocks Thursday
    Nvidia Corp (NASDAQ: NVDA), Advanced Micro Devices, Inc (NASDAQ: AMD), and peers are trading lower Thursday amid reports of U.S. legislation eliminating Section 230 immunity for AI companies. The law would allow the prosecution of social media companies for claims based on emerging generative AI technology, Reuters reports. Republican Josh Hawley and Democrat Richard Blumenthal expected the bill to create an AI carve-out to Section 230, a law that shields internet companies from liability for th  ( 7 min )
    Cava stock soars in its IPO debut
    Cava (CAVA) on Thursday made its public debut on the New York Stock Exchange.  ( 8 min )
    Cava Soars in Stock-Market Debut, Lifting Hopes for New Listings
    The Mediterranean-style restaurant chain’s shares nearly doubled from the IPO price.  ( 29 min )
    JPMorgan Says Stocks to Suffer $150 Billion Rebalancing Sales
    (Bloomberg) -- The relentless rally in equities faces a fresh threat over the next few weeks with the world’s biggest money managers set to unload as much as $150 billion of stocks.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysSocial Security Benefits Targeted for Cuts by House ConservativesNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are CloggedTrump Urges Pros  ( 7 min )
    Toyota Is Finally Waking Up To The EV Reality
    As the EV revolution took the automotive industry, Toyota Motor (OTC: TOYOF) stubbornly sticked to its beliefs that hydrogen will power the future in which hybrids will be on the roads. For a decade, Toyota sat idly while Tesla Inc (NASDAQ: TSLA) sparked the EV revolution that is now in full swing. But, we the new CEO at the helm, Toyota is finally waking up to the EV reality. A Battery Breakthrough Without offering any technical details Toyota announced this week it achieved a breakthrough in b  ( 8 min )
    Wall Street Isn’t Buying What Powell, Economists Are Forecasting
    (Bloomberg) -- Defying the odds, the world’s most important stock market has recouped all losses caused by the most disruptive monetary-tightening campaign in a generation. Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysSocial Security Benefits Targeted for Cuts by House ConservativesNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are CloggedTrump Urges Prosecutors  ( 9 min )
    First Quantum Rebuffs Informal Approach From Barrick Gold
    (Bloomberg) -- First Quantum Minerals Ltd. recently rebuffed an informal takeover approach from Barrick Gold Corp., the world’s second-largest producer of the precious metal, as miners scour the globe for deals, people with knowledge of the matter said.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleSocial Security Benefits Targeted for Cuts by House ConservativesTrump Urges Prosecutors to Drop  ( 8 min )
    SoFi Stock Has Doubled. Wait for a Better Entry Point, Analyst Says.
    Shares of financial-services firm SoFi have more than doubled so far this year. Oppenheimer analyst Dominick Gabriele downgraded shares to Perform from Outperform.  ( 22 min )
    A Goldman Partner’s Sexually Explicit Video Led to Millions in Settlement
    (Bloomberg) -- A Goldman Sachs Group Inc. partner agreed to pay several million dollars to a woman to resolve a complaint so sensitive it was handled at the highest levels of the firm.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleSocial Security Benefits Targeted for Cuts by House ConservativesTrump Urges Prosecutors to Drop Case, Offers Defense PreviewElizabeth Holmes Objects to $250-a-Month  ( 8 min )
    Target Raises Dividend Following Stock Selloff
    The move comes after a brutal month for the big-box retailer.  ( 22 min )
    This Low Risk, High Reward Disney Stock Butterfly Can Return Up To $710
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    2 “Strong Buy” Penny Stocks That Could Rally Over 300%
    Everything in the stock market revolves around risk and reward. It’s a fair equation – the higher the risk, the bigger the reward. And for those with the stomach for such shenanigans, penny stocks – traditionally, tickers trading for less than $5 a piece – are the go-to segment. Given the capacity for huge returns, the inverse also holds true: these are risky bets, and the intrepid investor must tread carefully – as much as these names can gain in a short span of time, the losses can pile up jus  ( 10 min )
    Stocks wobble as 'hawkish' Fed preys on mood: Stock market news today
    Nasdaq futures are leading US stocks lower early on Thursday, as investors weigh the Fed's plan for two more hikes.  ( 7 min )
    Putin moves to seize assets of ‘naughty’ Western companies fleeing Russia
    Vladimir Putin has signed a secret decree to seize the assets of Western companies and make it harder for them to leave Russia.  ( 6 min )
    Copper Is the Future. Freeport-McMoRan Is the Stock to Buy.
    Freeport stands to gain from the move to alternative energy—and it has the strongest balance sheet of any copper miner.  ( 22 min )
    Alphabet, United Airlines, and 4 Other Stocks With Plenty of Momentum
    Evercore ISI strategist Julian Emanuel looked for stocks “the last buyers have yet to buy.” High short interest is one factor.  ( 22 min )
    Just How Many Americans Actually Retire With a Million Bucks?
    Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 10 min )
    Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs?
    I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 8 min )
    Prepare to Be (Unpleasantly) Surprised: This Is The Average Retirement Income in the U.S.
    Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.  ( 8 min )
    Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?'
    How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can give your son and daughter-in-law each $17,000 without having to deal with the IRS. But even … Continue reading → The post Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?' appeared first on SmartAsset Blog.  ( 9 min )
    Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now?
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    Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor
    Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 9 min )
    You Might Not Actually Be Part of the American Middle Class: How to Find Out
    Unless you're extremely rich or poor, you probably think of yourself as being part of the "middle class." As you're probably aware, "middle class" is an income level that describes people whose annual income is directly in the middle 50% … Continue reading → The post What Is Middle Class Income in the U.S.? appeared first on SmartAsset Blog.  ( 8 min )
    Dow Jones Futures Fall After Surprise Rise In Jobless Claims; Tesla Stock Extends Losses
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    Tesla Stock’s Winning Streak Is Over. What Wall Street Says Happens Next.
    The electric-vehicle maker's streak was snapped at 13 consecutive days on Wednesday. Still, shares are up about 40% over the past 14 trading sessions.  ( 22 min )
    Delta Stock’s Record Streak Survives the Fed. It’s Also Resuming Its Dividend.
    The U.S. airline’s stock climbed for a record 14th day Wednesday as optimism over a bumper summer travel season continued to rise.  ( 22 min )
    Bitcoin and Other Cryptos Sharply Down After Fed’s Hawkish Outlook
    Federal Reserve Chairman Jerome Powell dashes hopes for any rate cuts in the foreseeable future.  ( 22 min )
    XPeng Stock Rises. The Tesla Rival Rolled Out Self-Driving Tech.
    XPeng is the first company to roll out an advanced driver-assistance system in Beijing after it was approved for use on major ring roads and expressways in the capital city.  ( 22 min )
    Inside My Trade: The 18-Year-Old Investor Playing AI Stocks On Summer Vacation
    Jason Jiang watched his brokerage account in awe this summer as shares of Nvidia soared. The 18-year-old-college student says he’s been stashing away cash in [big tech stocks](https://www.wsj.c  ( 27 min )
    Kroger Stock Falls on Sales Miss. Grocer Keeps Profit Outlook Unchanged.
    Fiscal first-quarter profit at the grocer beats analysts' expectations but sales miss slightly.  ( 22 min )
    Delta Air Lines resumes dividend suspended in 2020 during pandemic
    The resumption of the payout reflects Delta's progress on its three-year financial plan, the company said. The move comes as Delta forecast that strong summer travel demand will result in higher-than-expected profit for the quarter through June.  ( 6 min )
    Nvidia Stock Got Away? Analysts Think These Techs Will Rally Next
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    Technical Assessment: Bearish in the Intermediate-Term
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    Daily Spotlight: A Pause, For Now
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    Analyst Report: Consolidated Edison, Inc.
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    Stocks to Watch Thursday: Tesla, Alibaba, Lennar, Adobe
    ↗️ JD.com (JD), Alibaba (BABA), Baidu (BIDU): Shares in the three Chinese tech companies all rose more than 4% in Asia after China's central bank [cu  ( 19 min )
    Dow Jones Futures Fall: Market Rally Resilient After Fed Surprise; Tesla Ends Record Run
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    Daily – Vickers Top Buyers & Sellers for 06/15/2023
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    Daily – Vickers Top Insider Picks for 06/15/2023
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    Stock futures slide as 'hawkish' Fed preys on mood: Stock market news today
    Nasdaq futures are leading US stocks lower early on Thursday, as investors weigh the Fed's plan for two more hikes.  ( 8 min )
    Bitcoin and Other Cryptos Fall Sharply After Fed’s Hawkish Outlook
    Federal Reserve Chairman Jerome Powell dashes hopes for any rate cuts in the foreseeable future.  ( 22 min )
    Venezuela Makes Long-Shot Bid to Revive Ruined Economy With Gas
    (Bloomberg) -- Venezuela, the beleaguered oil giant that’s become South America’s poorest nation, sees an economic lifeline beneath the warm and cerulean waters of the Caribbean.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleKen Griffin Ramps Up Credit Bets, Anticipat  ( 10 min )
    Lawsuit Seeking $14,729 Tax Refund Could Lead to Corporate Windfall
    The Supreme Court is set to consider whether income must received, or realized, before it can be taxed—with far-reaching implications for current and proposed tax laws.  ( 28 min )
    These Stocks Are Moving the Most Today: Lennar, XPeng, Citigroup, Adobe, and More
    Lennar's earnings and revenue top expectations, XPeng gets approval for assisted-driving technology in Beijing, and Adobe reports earnings Thursday.  ( 22 min )
    Tesla Rival XPeng Rolls Out Self-Driving Tech in Beijing. The Stock Is Rising.
    It’s the first company to roll out an advanced driver-assistance system (ADAS) in Beijing, after it was approved for use on major ring roads and expressways in the capital city.  ( 22 min )
    Saudi Arabia Sought to Push Oil Prices Higher. Markets Had Other Ideas.
    Saudi Arabia’s move to reduce crude output was designed to prop up global oil markets. The past week has shown how difficult that will be. **Prices have fallen in four of the past five s  ( 20 min )
    Copper Is the Future. Freeport-McMoRan Is the Stock to Buy.
    Freeport stands to gain from the move to alternative energy—and it has the strongest balance sheet of any copper miner.  ( 22 min )
    Adobe’s Earnings Are Coming. The Focus Remains on AI.
    The stock has soared on news about the company's plans for generative artificial intelligence. The status of its deal for Figma is another point to watch.  ( 22 min )
    Top US Chip Gearmaker Accuses China Rival of 14-Month Spy Spree
    (Bloomberg) -- Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal some of its most valuable secrets, allegedly including an orchestrated employee-poaching spree and surreptitious transfers of semiconductor equipment designs.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Ren  ( 10 min )
    Saudi Arabia Sought to Push Oil Prices Higher. Markets Had Other Ideas.
    Higher-than-expected production and concern about slowing demand have been weighing on crude.  ( 28 min )
    Bitcoin mining difficulty rises 2.18% to record amid increasing competition among miners
    A higher difficulty reading indicates it is more competitive to mine Bitcoin, reducing profit. The network’s hashrate also increased to a record high.  ( 7 min )
  • Open

    Sluggish Economy Definition
    A sluggish economy experiences slow or no growth. The term can refer to the economy as a whole or a component of it.  ( 21 min )
    An Introduction to Price Action Trading Strategies
    For traders who want a mix of technical analysis with their own control in decisions, price action trading offers the perfect fit. Here's how it works.  ( 22 min )
    New Indications Definition
    New indications is a term used to refer to evidence signifying that there may be new applications for an existing drug or procedure.  ( 18 min )
    Email Money Transfer (EMT): What It Is and How It Works
    An email money transfer (EMT) is a banking service offered to Canadian residents that allows users to transfer funds between accounts using email and their online banking service.  ( 19 min )
    7 Market Anomalies Every Investor Should Know
    Market anomalies are mysterious and often unpredictable. These seven tradeable market anomalies may work in a savvy investor's favor.  ( 21 min )
    When Do Checks Expire?
    There is a grace period for cashing checks, but depositors and issuers risk overdraft fees if a late check shows up unexpectedly. Learn more about when checks expire.  ( 22 min )
    Are High-Yield Checking Accounts a Good Idea Right Now?
    Some high-yield checking accounts offer ultra-high interest rates if you jump through hoops every month. But given today's high savings rates, it may not be worth it.  ( 19 min )
    Why It's Almost Never a Good Idea to Let Your Maturing CD Roll Over
    If you have a CD that's about to mature, you need to tell the bank what you want done with your funds. If you don't, you may not like the results you get stuck with.  ( 18 min )
    Personal Financial Advisor Definition
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    Top CD Rates Today, June 15, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Maldivian Rufiyaa (MVR) Definition
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    Fidelity CD Rates: June 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 20 min )
    Dow Jones Today: Microsoft Leads Index Higher
    The Dow Jones Industrial Average rose 1.3%, or about 430 points, after retail sales data showed Americans are still upping their spending, a sign of resilience amid slowing inflation.  ( 17 min )
    Gross Profit, Operating Profit and Net Income
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    Enthusiasm for Tech Stocks and Optimism About Fed Rate Hikes Lift Markets on Thursday, June15, 2023
    Investors' enthusiasm for tech stocks and optimism that the Fed will slow rate hikes lifts markets.  ( 16 min )
    Liability-Driven Investment (LDI) Meaning, Examples of Strategies
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    CAVA Shares Soar on the Restaurant Chain's First Day of Trading
    Shares of Mediterranean fast-casual restaurant chain CAVA skyrocketed in their first day of trading on the NYSE.  ( 16 min )
    How to Get Debt Relief in 2023
    If your debt is unmanageable, you might be considering debt relief. Learn what debt relief is, where to find it, how to apply, and what the alternatives are.  ( 19 min )
    How to Find a Credit Counselor in 2023
    Dealing with debt and managing your budget can feel daunting and overwhelming. Learn how to find a credit counselor who can help you gain control of your money.  ( 20 min )
    Kroger Shares Fall After Sales Come Up Short as Shoppers Watch Spending
    Kroger sales missed estimates, and its outlook was at the low end of expectations as customers watched how much they spend.  ( 16 min )
    Distributed Ledgers: Definition, How They're Used, and Potential
    A distributed ledger is a database that is consensually shared and synchronized across multiple sites, institutions, or geographies.  ( 19 min )
    Assets Under Management (AUM): Definition, Calculation, and Example
    Assets under management (AUM) is the total market value of the investments that a person (portfolio manager) or entity (investment company, financial institution) handles on behalf of investors.  ( 21 min )
    How Groupon Makes Money
    Groupon is known for offering discount coupons and vouchers for a variety of retailers and services  ( 21 min )
    How the Debt Ceiling Impacts Interest Rates
    The standoff earlier this month could have quickly changed economic conditions, potentially leading the Fed in a different direction on interest rates.  ( 17 min )
    Mega Backdoor Roth 401(k) Conversion: Overview and FAQ
    Learn about this type of Roth conversion from a 401(k) and why the House-passed Build Back Better Bill wants to limit—and eventually end—this option.  ( 24 min )
    LGBTQ+ Credit Barriers: Why They Exist and How to Avoid Them
    LGBTQ+ people often face discrimination that creates barriers to accessing credit and having a high credit score, which can make it more difficult to achieve financial stability and build savings and wealth.  ( 24 min )
    Dilemma for Borrowers: Pay Down Student Loans or Invest in a CD?
    For federal student loan borrowers facing the resumption of payments in October, today’s high interest rates present an opportunity: if you have extra money, should you pay down your loan faster, or would it be better to put it into a certificate of deposit or similar fixed income investment?  ( 18 min )
    Markets Rise Midday as Tech Stocks Climb
    U.S. equities advanced at midday on June 15, 2023 as tech stocks climbed after the Fed paused rate hikes.  ( 16 min )
    Truist CD Rates: April 2023
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    Inflation: What It Is, How It Can Be Controlled, and Extreme Examples
    Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.  ( 36 min )
    Charles Schwab Savings Account Interest Rates: June 2023
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    Where Are Savings Rates Headed This Year?
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    How Much Does It Cost to Open a Custodial Account?
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    CFOs Say They're Less Optimistic About the Economy and Focused on Cutting Costs
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    TD Bank Savings Account Interest Rates: June 2023
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    ECB Boosts Interest Rates to a 22-Year High
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    Investopedia Readers Show High Interest in CDs
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    Dividend Drag Definition and Causes
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    Why You Should Open a CD Right Now
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    30-Year Mortgage Rates Increase One Day After Drops
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    Term of the Day: Brokered CD
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    Top 5 Reasons Why People Go Bankrupt
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    Top Reasons for a Personal Loan
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    Producer Price Index (PPI): What It Is and How It's Calculated
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    5 Things to Know Before Markets Open
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    Consumer Price Index (CPI) Explained: What It Is and How It's Used
    The Consumer Price Index (CPI) measures change over time in the prices paid by consumers for a representative basket of goods and services.  ( 32 min )
    Tier 1 Capital vs. Tier 2 Capital: What's the Difference?
    Tier 1 capital and tier 2 capital are types of assets that banks hold. Banks must hold adequate amounts of different types of capital at any given time. Learn more.  ( 22 min )
    Third Party Liability Insurance Types
    Third-party insurance, such as auto insurance, is a policy designed to protect against the actions or claims of a third party. Learn how it benefits you.  ( 23 min )
  • Open

    2022 was opnieuw een stralend jaar voor zonne-energie
    De Nederlandse productie van zonnestroom is in 2022 opnieuw enorm toegenomen. We haalden 46 procent meer elektriciteit uit zonlicht dan een jaar eerder, en zelfs drie keer zoveel als in 2019.  ( 3 min )
    Tony's Chocolonely komt grotendeels in handen van Belgische bierfamilie
    Investeringsmaatschappij Verlinvest wil chocoladefabrikant Tony's Chocolonely overnemen. De Belgische investeerder is in handen van de familie De Spoelberch, die groot is geworden met bierbrouwer AB InBev. Hoeveel geld met de deal is gemoeid, is niet duidelijk.  ( 3 min )
    Strijd bij autofabriek Nedcar is voorbij nu vakbondsleden instemmen met voorstel
    De leden van de vakbonden hebben donderdag ingestemd met het onderhandelingsresultaat tussen VDL en de bonden voor een sociaal plan bij autofabriek Nedcar in Born. Er komt een ontslagvergoeding, maar het personeel moet ook overwerken om de productieachterstand in te lopen.  ( 4 min )
    KLM Groep wil overlast rond Schiphol verminderen met nieuwe vloot
    KLM en andere luchtvaartmaatschappijen hebben een alternatief plan ingediend om de overlast van vliegtuigen rondom Schiphol te verminderen. Ze willen de geluidsoverlast voor omwonenden terugdringen door nieuwe, stillere toestellen in te kopen.  ( 4 min )
    Strijd bij autofabriek Nedcar is voorbij nu vakbondsleden akkoord gaan
    De leden van de vakbonden hebben donderdag ingestemd met het onderhandelingsresultaat tussen VDL en de bonden voor een sociaal plan bij autofabriek Nedcar in Born. Er komt een ontslagvergoeding, maar er moet ook overgewerkt worden om de productie in te lopen.  ( 4 min )
    ECB verhoogt rente verder naar hoogste niveau sinds 2001, Fed pauzeert even
    De rente van de Europese Centrale Bank gaat voor de achtste keer op rij omhoog en komt daarmee uit op 3,5 procent. Zo hoopt de ECB de inflatie onder de duim te krijgen. De Amerikaanse centrale bankenkoepel heeft uit angst voor een recessie de rentestijgingen juist gepauzeerd.  ( 5 min )
    Tony's Chocolonely komt volledig in handen van Belgische bierfamilie
    Investeringsmaatschappij Verlinvest wil chocoladefabrikant Tony's Chocolonely volledig overnemen. De Belgische investeerder is in handen van de familie De Spoelberch, die groot is geworden met bierbrouwer AB InBev. Hoeveel geld met de overname is gemoeid, is niet duidelijk.  ( 3 min )
    Video | Van imperium naar 40.000 ontslagen: zo ging het mis bij Philips
    Sander Schimmelpenninck en Eline Hintzen, achterkleindochter van Frits Philips, zoeken uit wat er is overgebleven van de nalatenschap van de familie Philips. In de zesde aflevering kijken ze naar hoe het misging bij Phillips. Dit is de een-na-laatste aflevering van deze serie.  ( 3 min )
    Nederlandse programmeur krijgt 2,5 jaar cel in langlopende Megaupload-zaak
    De Nederlandse programmeur Bram van der K. gaat 2,5 jaar de cel in vanwege zijn betrokkenheid bij Megaupload, een website waarop bestanden gedeeld konden worden. De slepende zaak in Nieuw-Zeeland duurde elf jaar.  ( 4 min )
    Spioneren met software wordt stuk lastiger door strenger Europees toezicht
    Het Europees Parlement wil misbruik van spionagesoftware strenger aan banden leggen. De leden roepen op tot beter onderzoek naar spywareprogramma's zoals Pegasus, zodat de veiligheid van burgers beter wordt beschermd. Ook moeten er duidelijke afspraken komen over de programma's en mogen lidstaten er geen misbruik van maken.  ( 4 min )
    Trustkantoor krijgt boete van ruim 3 miljoen euro wegens slecht klantenonderzoek
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    ECB verhoogt rente verder naar hoogste niveau sinds 2001, terwijl Fed even pauzeert
    De rente van de Europese Centrale Bank gaat voor de achtste keer op rij omhoog en bereikt daarmee 3,5 procent. Zo hoopt de ECB de inflatie onder de duim te krijgen. De Amerikaanse centrale bankenkoepel heeft op dezelfde dag juist een pauze aangekondigd van de rentestijgingen, uit angst voor een recessie.  ( 5 min )
    Zweedse econoom wijt hoge inflatie aan niemand minder dan Beyoncé
    In bijna alle Europese landen stijgen de prijzen steeds minder hard. Maar Zweden was daar vorige maand een uitzondering op. Economen wijzen een opmerkelijke schuldige aan: Beyoncé.  ( 4 min )
    Zweedse econoom wijdt hoge inflatie aan niemand minder dan Beyoncé
    In bijna alle Europese landen stijgen de prijzen steeds minder hard. Maar Zweden was daar vorige maand een uitzondering op. Economen wijzen een opmerkelijke schuldige aan: Beyoncé.  ( 4 min )
    Bitcoinkoers daalt hard na rentebesluit van Amerikaanse centrale bank
    De bitcoin is voor het eerst in drie maanden gezakt tot onder de 25.000 dollar. Enkele uren nadat de Amerikaanse centrale bank had aangekondigd de renteverhoging tijdelijk te pauzeren, kelderde de grootste cryptomunt naar 24.800 dollar.  ( 3 min )
    Zweedse inflatie hoger dan verwacht door niemand minder dan Beyoncé
    In bijna alle Europese landen stijgen de prijzen steeds minder hard. Maar in Zweden ging dat vorige maand minder hard dan verwacht. Economen wijzen een opmerkelijke schuldige aan: Beyoncé.  ( 4 min )
    Britse pubketen lost personeelstekort op met vijftigplussers
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    Brexit jaagt veel miljonairs weg uit VK, Russen zien er 8.500 vertrekken
    Er trekken de laatste jaren veel miljonairs weg uit het Verenigd Koninkrijk. Vorig jaar verlieten zestienhonderd van hen het land, dit jaar verdubbelt dat aantal waarschijnlijk. Dat komt grotendeels door de Brexit.  ( 4 min )
    Muziekuitgevers willen ruim 230 miljoen euro zien van Twitter
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    Zwaarwegend advies: 'CO2-uitstoot Europa in 2040 met 90 à 95 procent omlaag'
    De Europese Unie moet de uitstoot van broeikasgassen in 2040 met 90 à 95 procent hebben teruggedrongen ten opzichte van het niveau van 1990. Alleen zo kan de EU zich houden aan de internationale klimaatafspraken en haar "eerlijke bijdrage" leveren in de wereldwijde strijd tegen klimaatverandering, stelt een belangrijke adviseur van de Europese Commissie.  ( 6 min )
    Werkloosheid in mei licht toegenomen, maar blijft laag
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  • Open

    Dow Jones Today: Microsoft Leads Index Higher
    The Dow Jones Industrial Average rose 1.3%, or about 430 points, after retail sales data showed Americans are still upping their spending, a sign of resilience amid slowing inflation.  ( 1 min )
    Enthusiasm for Tech Stocks and Optimism About Fed Rate Hikes Lift Markets
    Investors' enthusiasm for tech stocks and optimism that the Fed will slow rate hikes lifts markets.  ( 1 min )
    Markets Rise Midday as Tech Stocks Climb Amid Rate Hike Optimism
    U.S. equities advanced at midday on June 15, 2023 as tech stocks climbed after the Fed paused rate hikes.  ( 1 min )
    5 Things to Know Before Markets Open
    The European Central Bank is expected to keep hiking interest rates and initial jobless claims are expected to drop lower. Here’s what investors need to know today.  ( 1 min )
  • Open

    Kroger Shares Fall After Sales Come Up Short as Shoppers Watch Spending
    Kroger sales missed estimates, and its outlook was at the low end of expectations as customers watched how much they spend.  ( 1 min )
    CAVA Shares Soar on the Restaurant Chain's First Day of Trading
    Shares of Mediterranean fast-casual restaurant chain CAVA skyrocketed in their first day of trading on the NYSE.  ( 1 min )

  • Open

    Elon Musk's decision to not pay rent on Twitter's offices is adding to commercial mortgage headaches at Goldman Sachs
    Twitter has still not paid rent on its office spaces, and Elon Musk told an advisor he would pay rent "over his dead body," according to a lawsuit.  ( 8 min )
    IRS Audits of the Rich Deliver Huge Bang for the Buck: New Study
    Republicans have been clamoring to rescind billions of dollars in additional funding provided for the Internal Revenue Service as part of last year’s Inflation Reduction Act. They succeeded to an extent as part of the recent deal between House Speaker Kevin McCarthy and President Joe Biden to raise the debt limit, which also clawed back $21.4 billion from the tax agency. A new study suggests that deal could be costly. Researchers at the Treasury Department, Harvard University and The University  ( 7 min )
    'Dean of Valuation' Aswath Damodaran says the story behind Nvidia's stock surge makes sense but its current price doesn't
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    Market Rally Resilient After Fed Surprise; Tesla Ends Record Run, Big Warning Fuels This Group
    The Nasdaq is even more extended despite a hawkish Fed outlook.  ( 13 min )
    Goldman Sachs Lifts S&P 500 Price Target; Here Are 2 High-Upside Stocks to Play the Bounce
    Year-to-date, the S&P 500 has delivered an impressive return of 14%. However, those gains are a bit deceiving as the bulk of the upside has been driven by only a few selected stocks, namely the tech Mega Caps (AAPL, MSFT, NVDA, META, AMZN). If we exclude those five stocks, the index has only advanced by 5%. While one could argue that the market is due for a cooling down period after such a rally, Goldman Sachs Chief U.S. Equity Strategist David Kostin suggests otherwise, citing past evidence. “P  ( 10 min )
    The Fed Paused Rate Hikes: Here's What It Means for Money Market Accounts
    The Fed hit the brakes on its rate-hiking cycle at Wednesday's meeting. Discover the implications for money market accounts.  ( 17 min )
    Restaurant Chain Cava Raises $318 Million in IPO, Sixth-Largest on US Exchange This Year
    (Bloomberg) -- Fast-casual restaurant chain Cava Group Inc. exceeded its target by raising $318 million in an initial public offering, the biggest listing on a US exchange in six weeks.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleKen Griffin Ramps Up Credit Bets, An  ( 7 min )
    Jerome Powell just admitted that some banks are in trouble with their commercial real estate holdings: ‘We do expect that there will be losses’
    “There will be banks that have concentrations, and those banks will experience larger losses,” Powell told reporters on Wednesday.  ( 7 min )
    Gundlach Doesn’t Think the Fed Will Resume Rate Hikes Soon
    (Bloomberg) -- DoubleLine Capital’s Jeffrey Gundlach doesn’t believe the Federal Reserve will continue to raise interest rates anytime soon despite Fed Chair Jerome Powell signaling the resumption of monetary tightening. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok Lifestyle  ( 6 min )
    Where Should Your Savings Be Right Now? Somewhere You Can Earn at Least 5%
    Rates on bank accounts and CDs have already surged to their highest level in almost 16 years, and may rise further, giving you many options to earn 5% or more on your cash.  ( 22 min )
    China EV Stocks: Li Auto, Nio, XPeng Revving Higher Despite Slowing Economy
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    Tesla’s $240 Billion Rally Set to Collide With a Bearish Signal
    (Bloomberg) -- Tesla Inc. shares snapped their record-setting 13-day winning streak Wednesday, as a hawkish stance from the Federal Reserve and market technicals took some steam off the rally. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleKen Griffin Ramps Up Credit  ( 7 min )
    Stocks wobble as Fed skips a rate hike but forecasts more: Stock market news today
    After inflation cooled, investors are expecting a pause in the Federal Reserve's rate hiking campaign that has pushed interest rates to the highest level since 2007.  ( 6 min )
    Bosses are fed up with remote work for 4 main reasons. Some of them are undeniable
    The data showing that remote workers spend fewer hours working, less productively, is really starting to add up.  ( 10 min )
    5 Of The Fastest Growing Companies, With Bullish Charts To Top
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    The Fed Paused Rates, Here's What It Means for CDs
    The Federal Reserve neither raised nor lowered its benchmark interest rate Wednesday meeting—putting neither upward nor downward pressure on the rates banks offer on certificates of deposit.  ( 16 min )
    Federal Reserve Meeting Shock: Two More Rate Hikes Eyed; S&P 500 Hangs Tough
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    Bitcoin Slips After Fed Decision. Where Prices Could Go Next.
    'The bears may have the upper hand right now,' says Alex Kuptsikevich, an analyst at FXPro.  ( 22 min )
    Coherent Stock Rockets On New Laser Welding Gear For Manufacturing Electric Vehicles
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    Stock Market Falls After Fed Leaves Rates Unchanged, For Now; Health Insurance Stocks Sell Off
    No content preview
    Federal Reserve holds interest rates steady, forecasts two more rate hikes this year
    Officials are likely to pause in June but signal a willingness to raise rates again to tame inflation.  ( 7 min )
    Ex-Starbucks manager awarded $25.6 million in suit over firing after 2018 arrests of 2 Black men
    Jurors in a federal court in New Jersey have awarded $25.6 million to a former regional Starbucks manager who alleged that she and other white employees were unfairly punished by the coffee chain after the high-profile 2018 arrests of two Black men at one of the chain's Philadelphia locations. Shannon Phillips won $600,000 in compensatory damages and $25 million in punitive damages on Monday after an eight-member jury decided after five hours of deliberation that race was a determinative factor in Phillips' firing, in violation of federal and state anti-discrimination laws, Law360 reports. In April 2018, a Philadelphia store manager called police on two Black men who were sitting in the coffee shop without ordering anything.  ( 8 min )
    Analyst Report: PG&E Corp.
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    Meta Stock Should Surge Further, Analysts Say. It’s All About AI.
    Adding generative AI into Meta's universe will lead people to spend more time on the apps, an analyst says.  ( 22 min )
    US Federal Reserve poised to halt rate rises - latest updates
    The Federal Reserve has paused its most aggressive round of interest rate rises since the 1980s.  ( 37 min )
    Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions?
    We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.  ( 10 min )
    Market Update: DRI, IFF, PCG
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    EV stocks join AI names in leading the stock market rally
    EV stocks are having an AI-like trading moment.  ( 8 min )
    MicroStrategy founder Michael Saylor says Bitcoin could grow to 80% of crypto market after SEC suits against Binance and Coinbase
    The founder said Bitcoin could eventually make up 80% of the crypto market.  ( 8 min )
    Bud Light’s Problems Won’t Go Global. That Makes the Stock a Buy.
    A boycott has made the beer's sales sink. Still, an analyst argues that the stock of AB InBev, which owns the Bud Light brand, has dropped too far.  ( 25 min )
    Axsome Therapeutics Expects Up To $11.5 Billion In Peak Sales, Wallops Analysts' Forecasts
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    A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations
    Positioning and expectations explain why the Binance case drove prices down but markets rebounded after Coinbase.  ( 9 min )
    SoFi Stock Charges Ahead. Why These Analysts Call It a ‘Top Pick.’
    Shares of the fintech have gained more than 100% this year. BTIG says the stock has more room to run.  ( 22 min )
    Billionaire Charlie Munger Compares Stock Market 'Gambling' to 'Heroin' Addiction, Sees No Solution In Sight
    Berkshire Hathaway Inc., led by CEO Warren Buffett and Vice Chairman Charlie Munger, is a compound interest machine, achieving a return of about 2 million percent on its initial value — equivalent to a 20,000 to 1 ratio. Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s Vision For Reuniting American Families The men accomplished this feat was accomplished by astutely investing the company’s capital in a variety of businesses, all while exercising caution in borrowing. Having wi  ( 8 min )
    Jack Dorsey's '$300 Million Bar Tab' To Rub Shoulders With Jay-Z Results In Lawsuit
    Many people assume that Twitter was the reason for Jack Dorsey’s impressive fortune, but that actually isn’t the case. When Elon Musk acquired Twitter in October 2022 for $44 billion, Dorsey held a modest 2% ownership of the company’s outstanding equity, equivalent to approximately 18 million shares. Dorsey's pre-tax earnings from the Twitter sale amounted to $978 million. Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s Vision For Reuniting American Families The true source o  ( 7 min )
    JPMorgan’s Michele Says It’s Time to Exit ‘Cash Trap’ and Move Into Bonds
    (Bloomberg) -- It’s time to exit the “cash trap” of money market funds and move into bonds as the Federal Reserve is set to pause its rate-hike campaign and then cut as soon as September, according to Wall Street veteran Bob Michele.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyTrump Urges Prosecutors to Drop Case, Offers Defense PreviewKen Griffin Ramps Up Credit Bets, Anticipating US Reces  ( 6 min )
    ‘Too Cheap to Ignore’: Wells Fargo Sees Compelling Opportunity in These 2 Stocks
    Everyone is always on the lookout for the best possible deal – that applies to all walks of life, be it at the supermarket, the top echelons of sport, or the investing world. That said, finding the best deal in the stock market could be a complex endeavor because, while it is probably easy to find equities priced in a low range, there might be a good reason why said names are going for cheap. Therefore, a little help in discerning which stocks are just not worth the time of day and which ones ar  ( 9 min )
    Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year?
    My wife and I are both 65 years old. She will retire this year and I'll work until I'm 67. We'll get about $42,000 in Social Security and have about $1 million in savings. Can we live on $90,000 per … Continue reading → The post Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year? appeared first on SmartAsset Blog.  ( 8 min )
    The Retirement Tax Break That Will Pay You an Annual Income
    Retirees can now earn money for life by giving some of their IRA savings to charity.  ( 23 min )
    Schwab Sees Second-Quarter Revenue Declining as Much as 11%
    (Bloomberg) -- Charles Schwab Corp. expects its revenue to slide as much as 11% in the second quarter compared to a year earlier, the company’s Chief Financial Officer Peter Crawford said in a statement Wednesday.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyTrump Urges Prosecutors to Drop Case, Offers Defense PreviewKen Griffin Ramps Up Credit Bets, Anticipating US RecessionPutin’s Economic  ( 7 min )
    Vivek Ramaswamy is threatening GOP heavyweights in the polls–but his business record doesn’t live up to the hype
    Yale's Sonnenfeld and Tian retrace presidential hopeful Vivek Ramaswamy's business record.  ( 10 min )
    UnitedHealth's Bad News Hits Insurers, But Sparks Surgery Partners Breakout
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    Health Insurers Tumble, Device Makers Rally on Rising Elective Surgery Expectations
    Healthcare stocks are having a chaotic morning on expectations that seniors are seeking out elective medical care in greater numbers after a post-pandemic lull. Health insurers that pay for care are down, while providers are rising. Here’s what you need to know. UnitedHealth Group executives sai  ( 21 min )
    Bud Light loses top US beer spot after Mulvaney ad boycott
    Anheuser-Busch InBev's Bud Light has lost its top spot in the U.S. beer market to Constellation Brands' Modelo Especial, following a backlash from conservatives over a social media promotion with transgender influencer Dylan Mulvaney. Sales of Bud Light and Budweiser dropped 24.6% and 9.2%, respectively, for the four weeks ended June 3 from a year earlier, while Modelo Especial sales rose 10.2%, according to consulting company Bump Williams, which sources data from NielsenIQ. In May, AB InBev CEO Michel Doukeris said it was too early to have a full view of the impact due to the backlash.  ( 7 min )
    How Shopify's 'Shape Shift' Made E-Commerce Firm Attractive Again
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    I'm Retired. Will I Ever Be Able to Stop Filing Taxes?
    When you retire or reach a certain age, there might be certain things you no longer have to do. You might get to skip the commute or qualify for some great discounts. But no matter your age, you don't get … Continue reading → The post Do Seniors Ever Stop Filing Taxes? appeared first on SmartAsset Blog.  ( 9 min )
    Can I Guard My Assets From Nursing Homes Using an Irrevocable Trust?
    Paying for a nursing home can seriously deplete your retirement savings. The government-funded Medicaid program can pay some or all nursing home costs, but it's restricted to people of very limited financial means. You may be able to qualify for … Continue reading → The post Does an Irrevocable Trust Protect Assets from Nursing Homes? appeared first on SmartAsset Blog.  ( 8 min )
    Will I Get Automatically Enrolled in Medicare When I Turn 65?
    Some people who already receive Social Security benefits are automatically enrolled in Medicare when they turn 65. That's not the case for everyone, though. People who haven't started collecting Social Security will need to register for Medicare, but signing up … Continue reading → The post Are You Automatically Enrolled in Medicare at Age 65? appeared first on SmartAsset Blog.  ( 8 min )
    US producer prices fall more than expected in May on energy costs
    U.S. producer prices fell more than expected in May and the annual increase in producer inflation was the smallest in nearly 2-1/2 years, strengthening the case for the Federal Reserve to skip raising interest rates on Wednesday. The producer price index for final demand dropped 0.3% last month on lower energy costs after rising by an unrevised 0.2% in April, the Labor Department said on Wednesday. In the 12 months through May, the PPI climbed 1.1%.  ( 6 min )
    Dow Jones Futures Fall After Key Inflation Data; Fed Decision, Powell Comments Later
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    Li Auto’s EV Sales Can Be a Catalyst. The Case to Buy Stock Now.
    Citi analyst Jeff Chung thinks something good is about to happen at the Chinese electric-vehicle maker.  ( 22 min )
    7 Investors Own A Third Of Tesla Now That Cathie Wood Sold
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    UnitedHealth Stock Falls as Seniors Catch Up on Surgeries, Leading to Higher Costs
    'More seniors are just more comfortable accessing services for things that they might have pushed off a bit like knees and hips,' the health insurer says.  ( 22 min )
    Tesla Stock Up After It Raises Prices. EV Demand Might Be Improving.
    The electric-vehicle company hiked the tags of its Model Y crossover, further reversing the trend of this year’s dramatic price cuts across the sector.  ( 22 min )
    AMD stock pops on potential Amazon superchip deal, CEO bullishness
    AMD shares remain a hot ticker on Yahoo Finance as it reveals its new super chip.  ( 8 min )
    Analyst Report: Goodyear Tire & Rubber Co.
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    Analyst Report: Enovis Corp
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: GT, NFLX, TMO, ENOV
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    Logitech Announces Sudden CEO Departure. The Stock Is Tumbling.
    The computer peripherals maker announced that CEO Bracken Darrell is stepping down to “pursue another opportunity.”  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 06/14/2023
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    Daily – Vickers Top Insider Picks for 06/14/2023
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    Fed pauses interest rate hikes, signals two more increases likely in 2023 to fight inflation
    The Fed will decide whether to raise interest rates for an eleventh time amid ongoing inflation and some concerns about a possible recession.  ( 11 min )
    Shell Stock Rises on Plans to Give More Cash to Shareholders
    The biggest European oil company is boosting distributions to 30% to 40% of cash flow, compared with current rates of 20% to 30%.  ( 22 min )
    Vodafone, Hutchison unveil UK mobile merger
    LONDON/HONG KONG (Reuters) -Vodafone and CK Hutchison finally unveiled the merger of their British operations on Wednesday, pledging to create the country's largest mobile operator to boost competition and invest $14 billion in the country. Vodafone will own 51% and Hutchison 49% of the combined group, which will be led by current Vodafone UK boss Ahmed Essam, the companies said. Current Three UK finance chief Darren Purkis will take the same role in the new group.  ( 7 min )
    Stocks to Watch Wednesday: UnitedHealth, Shell, Nvidia, Lennar
    ↘️ UnitedHealth (UNH), Humana (HUM), Assurant (AIZ): Health insurers’ shares fell in offhours trading. The possible culprit: UnitedHealth’s financ  ( 20 min )
    Nvidia Buyback Freeze Follows Perfectly Timed Binge
    (Bloomberg) -- Nvidia Corp. made some astute stock buybacks last year ahead of a monster rally fueled by the artificial intelligence frenzy. Now the chipmaker is drawing attention because it stopped buying.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They Need $2  ( 9 min )
    Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
    Bitcoin maximalist Michael Saylor has said recent enforcement actions by U.S. regulators have made it clear that the crypto industry is destined to be rationalised down to a bitcoin (BTC)-focused industry.  ( 7 min )
    Ken Griffin Ramps Up Credit Bets, Anticipating US Recession
    (Bloomberg) -- Ken Griffin, whose hedge fund churned out a record $16 billion for clients last year, is increasing his focus on credit trading as he braces for a potential US recession.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They Need $2.2 Million to Be Cons  ( 8 min )
    AMD’s New Chip Fails to Impress Investors. It’s Still an AI Winner, Analyst Says.
    The chip maker's big product launch may have left investors feeling uninspired but it can still challenge Nvidia, according to one analyst.  ( 25 min )
    These Stocks Are Moving the Most Today: AMD, Tesla, Logitech, Activision, and More
    Advanced Micro Devices launches a new AI chip to challenge Nvidia's dominance in the space, Nvidia closes with a market cap above $1 trillion, Tesla finishes higher for a record 13th consecutive session, and Logitech's CEO is resigning.  ( 22 min )
    Oil Demand Growth to Slow Sharply as Peak Nears, IEA Says
    (Bloomberg) -- Global oil demand growth will taper off over the next few years as high prices and Russia’s invasion of Ukraine speed up the transition away from fossil fuels, the International Energy Agency said. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They  ( 9 min )
    Nasdaq is officially dropping Rivian for an auto industry chip maker
    Nasdaq is dropping Rivian because it shrunk too much.  ( 8 min )
    Shell to Lift Dividend, Launch $5 Billion Buyback
    The energy major Shell said it will share billions more from its record profits with investors while deepening its commitment to the oil-and-gas businesses that produce the highest returns. .  ( 29 min )
    Low-tax Switzerland votes on global minimum corporate tax rate
    Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to align with a global minimum tax rate, although even with the rise the country would still have one of the lowest corporate tax levels in the world. In 2021 almost 140 countries including Switzerland agreed to an Organisation for Economic Cooperation and Development (OECD) deal to ensure large companies pay a minimum tax rate of 15%, to prevent them trying to avoid taxation by transferring profits to low tax countries. The Swiss government backs the change and according to a poll by researchers GFS Bern, 73% of voters will support the move under Switzerland's system of direct democracy, where legislation is put to the public vote.  ( 7 min )
    Shell Boosts Dividend 15% as It Pivots Back Toward Oil and Gas
    (Bloomberg) -- Shell Plc will increase its dividend 15% and boost natural gas production as new Chief Executive Officer Wael Sawan refocuses on the fossil fuels that drove record profits last year.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on DisplayAmericans Say They Need $2.2 Millio  ( 7 min )
    Behind the bullish faith in stocks is a system still awash with cash
    Soaring interest rates, slowing economic growth and a banking sector still recovering from a March rout might suggest a note of market caution, yet world stocks are at 14-month highs, the S&P 500 stock index has entered a bull market and gauges of volatility are eerily calm. BNP Paribas estimates excess global liquidity has risen by $640 billion since the end of third quarter of 2022 and is "unsustainable" when some central banks are trying to offload bonds they hold in a process known as quantitative tightening. The Federal Reserve in March loosened financial conditions with an emergency credit facility for cash-starved banks, Japan's central bank is still buying government bonds to push money into the system, and the European Central Bank is selling down the government bonds it holds at a relaxed pace.  ( 9 min )
    4 big analyst cuts: Affirm slapped with sell rating on macro concerns
    Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: Initiation at Affirm, downgrades at Ballard Power Systems, Catalent, and California Water Service. BTIG initiated coverage on Affirm (NASDAQ:AFRM) with a Sell rating and a price target of $10.00. While noting that Affirm is a leading buy-now-pay-later operator which has exhibited strong gross merchandise volume growth since its IPO, BTIG said that the company’s business model is under pressure as we enter a new stage in the macro environment where discretionary spend is tightening quickly.  ( 7 min )
    Big Investors Are Getting Nervous About This Market. This Is Why.
    Many investors are aggressively buying call options right now. Think of it as the equivalent of them holding their noses and buying stocks.  ( 22 min )
    XRP reverses gains after document release in SEC lawsuit vs Ripple
    Prices of XRP, which powers some of Ripple Labs’ payment services, reversed gains that followed the release of internal SEC documents related to the lawsuit against Ripple.  ( 8 min )
    Exclusive-Amazon's cloud unit is considering AMD's new AI chips
    Amazon Web Services, the world's largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices Inc, though it has not made a final decision, an AWS executive told Reuters. The remarks came during an AMD event where the chip company outlined its strategy for the AI market, which is dominated by rival Nvidia Corp. Despite AMD disclosing some technical specifications for an AI chip coming later this year that could in some ways beat Nvidia's best current offerings on some metrics, the news sent shares down after AMD did not disclose a flagship customer for the chip.  ( 7 min )
    Dow Jones Futures: Nasdaq Looks Extended As Fed Decision Looms; What Investors Need Now
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    Home prices are set to tumble in the 2nd half of 2023 as mortgage rates rebound and the economy slows, economists say
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  • Open

    The Fed Paused Rate Hikes: Here's What It Means for Money Market Accounts
    The Fed hit the brakes on its rate-hiking cycle at Wednesday's meeting. Discover the implications for money market accounts.  ( 16 min )
    Corporation: What It Is and How to Form One
    A corporation is a legal entity that is separate and distinct from its owners and has many of the same rights and responsibilities as individuals.  ( 23 min )
    Financial Therapy Definition
    Financial therapy merges finance with emotional support to help people cope with financial stress.  ( 20 min )
    Certified Check vs. Cashier’s Check: Differences
    Cashier's checks and certified checks are both official bank-issued payments that offer more security than personal checks, but one may be safer.  ( 22 min )
    How Central Banks Can Increase or Decrease Money Supply
    Central banks use various methods to change the money supply, such as adjusting reserve requirements, changing interest rates, and adjusting the fed funds rate.  ( 23 min )
    Top CD Rates Today, June 14, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Single vs. Double vs. Triple Net Leases: What's the Difference?
    A triple net lease (NNN) helps landlords reduce the risk in a commercial lease. Additional types of commercial leases include single net leases (N) and double net leases (NN).  ( 23 min )
    Markets End Mixed on Wednesday, June 14, 2023 on Fed Rate Forecast, Healthcare Sector Stock Moves
    Markets ended mixed on forecast the Fed may pause rate increases, and declines in healthcare stocks.  ( 16 min )
    Dow Jones Today: Index Falls on Fed’s ‘Pause’
    The Dow fell 230 points after the Fed holds rates steady, but hints more rate hikes to come  ( 17 min )
    Where Should My Savings Be Right Now?
    Rates on bank accounts and CDs have already surged to their highest level in almost 16 years, and may rise further, giving you many options to earn 5% or more on your cash.  ( 20 min )
    How to Apply for a Mortgage Loan
    If you've found your next home and it's in your budget, you're likely going to want to know how to apply for a mortgage loan. Read on to learn how.  ( 22 min )
    UnitedHealth Warns About Rising Costs for Seniors' Surgeries, and Shares Sink
    UnitedHealth shares tumbled after warning that more seniors are choosing to have elective surgeries, driving up costs.  ( 16 min )
    IEA Expects Oil Demand Could Peak by the End of the Decade
    The International Energy Agency says global oil demand could peak by 2028.  ( 17 min )
    Where Are CD Rates Headed This Year?
    Already-high rates on certificates of deposit may not have reached their peak, a closely-watched indicator of future interest rates suggests.  ( 15 min )
    Regional Check Processing Center (RCPC) Definition
    A Regional Check Processing Center (RCPC) is a local Federal Reserve facility where checks that are drawn on depository institutions are processed overnight.  ( 19 min )
    Early Withdrawal Penalties for Traditional and Roth IRAs
    Early withdrawals from an IRA trigger taxes and a 10% penalty. But sometimes, early distributions are tax free and penalty free.  ( 26 min )
    World's Top 10 Hedge Funds
    Ready for the high-risk, high-return hedge fund investments? Here is a list of the top hedge fund investment firms.  ( 26 min )
    The Fed Paused Rate Hikes, Here's What It Means for High-Yield Savings Accounts
    The Fed funds rate was untouched this month, putting neither upward nor downward pressure on the rates banks offer on high-yield savings accounts.  ( 14 min )
    VantageScore: Definition, Range, vs. FICO Score
    VantageScore is a consumer credit rating product similar to the FICO score. It is used by many creditors to assess the risk of lending money to a potential borrower.  ( 24 min )
    Utilization Fee: Definition, Example, vs. Commitment Fee
    Lenders can charge utilization fees when borrowers use more than a certain percentage of their available credit on a revolving line or term loan.  ( 22 min )
    Deficit Net Worth: Definition, Causes, Example & Ways to Avoid
    Deficit net worth occurs when an individual or a company's total liabilities exceed their total assets.  ( 22 min )
    Uniform Consumer Credit Code (UCCC): Definition, Purpose, States
    The Uniform Consumer Credit Code (UCCC) provides guidelines for laws related to the all types of credit products. It has been enacted by 11 states.  ( 22 min )
    Why Brokered CDs Offer Higher Rates
    Brokered CD rates tend to surpass those of traditional bank and credit union offerings. Find out why brokerage firms are willing to pay a better return on CDs.  ( 17 min )
    Hard Inquiry: Definition, How It Works, Impact on Credit Score
    A hard inquiry is a type of credit information request that includes a borrower’s full credit report and deducts points from a borrower’s credit score.  ( 24 min )
    Do You Need Life Insurance in Retirement?
    Whether you need life insurance in retirement depends on how much debt you have, your inheritance goals, and if you have dependents who still rely on you.  ( 25 min )
    The Fed Paused Rates, Here's What It Means for CDs
    The Federal Reserve neither raised nor lowered its benchmark interest rate Wednesday meeting—put neither upward nor downward pressure on the rates banks offer on certificates of deposit.  ( 16 min )
    American Customer Satisfaction Index (ACSI) Definition
    The American Customer Satisfaction Index (ACSI) is an economic indicator based on a survey of U.S. consumers about products and services they use.  ( 20 min )
    Do I Need Rental Car Insurance?
    Yes, you do. But you may be able to get some coverage through your personal auto policy or a credit card. Here's how to decide when it's worth it to pay for coverage.  ( 23 min )
    Federal Reserve Hits 'Pause' On Campaign of Anti-Inflation Rate Hikes
    In a widely expected move, the central bank held the fed funds rate unchanged Wednesday.  ( 16 min )
    Customer: Definition and How to Study Their Behavior for Marketing
    A customer is a person or business that purchases the goods or services of another business. Learn how companies study customers and the importance of customer service.  ( 21 min )
    Investopedia Financial Review Board
    Learn more about Investopedia's Financial Review Board, who’s on it, and how articles on Investopedia are reviewed.  ( 27 min )
    How Toyota Makes Money: Vehicle Sales, Financial Services, and More
    The largest carmaker in the world is also one of the largest companies across any industry. Here is how Toyota makes money.  ( 22 min )
    All About Fibonacci Extensions: What They Are, How To Use Them
    Fibonacci extensions are a method of technical analysis commonly used to aid in placing profit targets.  ( 22 min )
    What Is Risk Management in Finance, and Why Is It Important?
    In the financial world, risk management is the process of identification, analysis, and acceptance or mitigation of uncertainty in investment decisions.  ( 27 min )
    Clean Sheeting Definition
    Clean sheeting is the fraudulent act of purchasing a life insurance policy without disclosing a pre-existing terminal illness or disease.  ( 19 min )
    US Equities Mixed at Midday as Healthcare Stocks Drive Market Movement
    U.S. equities were mixed midday on June 14, 2023 following moves by stocks in the healthcare sector, and ahead of the Fed's decision on interest rates.  ( 16 min )
    Top Cannabis Stocks for June 2023
    Top cannabis stocks in June include SNDL Inc., TerrAscend Corp., and Curaleaf Holdings Inc., which together lead the industry in revenue growth.  ( 20 min )
    Wholesale Inflation Falls as Gas Prices Tumble
    Producer prices fell more than economists expected in May as gasoline costs declined.  ( 16 min )
    Pros and Cons of Dark Pools of Liquidity
    Dark pools of liquidity allow big investors to trade away from the public eye. They limit market impact but may leave small investors in the cold.  ( 19 min )
    Vodafone and CK Hutchison Merge UK Mobile Operations
    Vodafone and CK Hutchison said they would merge their U.K. mobile phone businesses.  ( 16 min )
    3 Top Vanguard Fixed-Income Funds
    Discover three Vanguard fixed-income funds that have historically outperformed their benchmark indexes, and learn about their characteristics.  ( 24 min )
    Schedule 14C Definition
    Schedule 14C lays out certain disclosure requirements for companies with securities registered with the Securities and Exchange Commission.  ( 19 min )
    Record Rates Make CDs a Smart Place to Invest Your Tax Refund
    Top CD rates range from 4.68% to 5.35% APY—higher than they've been in years. If you're getting a tax refund, investing in a top CD could lock in a high rate for a long time.  ( 18 min )
    Warning Signals in U.S. Commercial Office Markets Haven't Stopped Flashing
    U.S. commercial office property faces an array of problems, meaning more pain lies ahead for a market that already has lost a third to half of its value.  ( 20 min )
    Section 1231 Property: Definition, Examples, and Tax Treatment
    Section 1231 refers to the tax on a gain from the sale of a depreciable business property that has been held for over a year.  ( 24 min )
    How Does the Law of Supply and Demand Affect Prices?
    Learn how the law of supply and demand affects prices, whether supply remains the same and demand increases or vice-versa, plus the exceptions to the rule.  ( 24 min )
    Is Now a Good Time To Get a Money Market Account?
    Money market accounts offer high interest rates for savers right now, but with the Fed expected to pause rate hikes today, it might be a better time to consider a CD.  ( 17 min )
    Aa2 Definition
    Aa2 is the third-highest long-term credit rating that Moody’s assigns to fixed income securities that are of high quality with very low credit risk.  ( 18 min )
    Latvian Lats (LVL) Definition
    The Latvian lats (LVL) was the national currency of the Republic of Latvia, a Baltic nation that is a member of the European Union.  ( 18 min )
    Term of the Day: Early Withdrawal Penalty
    With the Fed’s decision on interest rates due today, you may want to lock in higher yields with a CD. But if you tap the funds early, it will trigger early withdrawal penalties.  ( 17 min )
    Top Financial Stocks for June 2023
    These are the financial stocks with the best value, fastest growth and most momentum for June.  ( 21 min )
    Why a CD May Not Be Right For You Right Now
    Opening a CD should be decided based on when you'll need the money and whether you think interest rates will rise or fall in the future.  ( 18 min )
    Gearing Ratios: What Is a Good Ratio, and How to Calculate It
    A gearing ratio measures a company's financial leverage. Although gearing ratios vary by industry, there are some guidelines for what's a good, bad, or normal gearing ratio.  ( 22 min )
    Home Appraisal: What it is, How it Works, FAQ
    A home inspection is an examination of the condition and safety of a piece of real estate, often conducted when the home is being sold.  ( 25 min )
    With Banks Facing Threats, Where Should a Small Business Keep Large Deposits?
    Experts say businesses have a lot of options for storing their money safely—and they don’t necessarily involve stashing their cash with “too-big-to-fail” megabanks.  ( 18 min )
    5 Things to Know Before Markets Open
    The Federal Reserve will announce its decision on interest rates and AMD is releasing a new GPU chip in a challenge to Nvidia. Here’s what investors need to know today.  ( 18 min )
    The Stock Market Crash of 1929 and the Great Depression
    The Roaring Twenties saw an abrupt end in 1929 when the stock market crashed, fueling the Great Depression and sparking a nearly 90% loss in the Dow.  ( 26 min )
    What Changes in Working Capital Impact Cash Flow?
    Working capital is the amount of money a company has available to pay its short-term expenses. Cash flow is the amount of money going in and out of the company.  ( 22 min )
    What Is Wholesale Banking? Types of Services and Example
    Wholesale banking includes banking services such as currency conversion and large trade transactions between investment banks and other large institutions.  ( 25 min )
    Best Online Brokers and Trading Platforms of 2023
    Here are the best online brokerage accounts and trading platforms with low costs and fees plus the best trading experience, mobile apps, and more.  ( 34 min )
    Demand Draft: What It Is and How It Works Versus Checks
    A demand draft is a method used by individuals to make transfer payments from one bank account to another.  ( 23 min )
    How a Roth IRA Fits Into Your FIRE Plan
    Roth IRAs can be useful vehicles for FIRE planning. In this guide, we’ll explain why and how to use them.  ( 22 min )
  • Open

    Prijs vakantiehuisje stijgt door naar dik 220.000 euro
    De gemiddelde prijs van een recreatiewoning steeg afgelopen jaar met 25 procent tot bijna 223.000 euro. Met name huizen in de buurt van water zijn gewild en drijven de gemiddelde prijs op.  ( 3 min )
    Amerikaanse centrale bank pauzeert tijdelijk verhoging rente
    De Amerikaanse Federal Reserve (Fed) maakt even pas op de plaats met het verhogen van de rente in de strijd tegen de inflatie. De Amerikaanse centralebankenkoepel had daarvoor tien keer op rij de rente verhoogd. Mogelijk kan er wel een verdere renteverhoging in juli komen.  ( 4 min )
    De gasprijs schiet ineens weer omhoog, wat is er aan de hand?
    De prijs van gas schoot de afgelopen weken in korte tijd flink de hoogte in. Begin deze maand kostte een megawattuur nog 23 euro, inmiddels wordt bijna de 40 euro aangetikt. Hoe kan dat? En wat betekent het voor je energierekening?  ( 5 min )
    Kinderbijslag komende kwartalen een beetje lager
    De kinderbijslag gaat de komende kwartalen omlaag. Het gaat om een bedrag van 8 tot 11,50 euro per kind per kwartaal.  ( 3 min )
    Amsterdam oogt stuk realistischer in nieuwe 3D-weergave op Google Maps
    In Google Maps zijn vernieuwde 3D-beelden te zien van Amsterdam. Dat moet ervoor zorgen dat de stad een stuk realistischer oogt in de app.  ( 3 min )
    Rusland heeft export van olie naar Noord-Korea hervat
    Rusland heeft in december de export van olie naar Noord-Korea hervat. Dat blijkt uit gegevens van de Verenigde Naties. Het gaat om de eerste leveringen sinds 2020. De twee landen zijn bezig de banden aan te halen sinds de Russische invasie van Oekraïne.  ( 2 min )
    BCC zet mes in personeelsbestand en verkleint winkelassortiment
    Elektronicaketen BCC wil verder met kleinere winkels met minder assortiment. Ook is afgelopen maand een kwart van de 190 medewerkers op het hoofdkantoor ontslagen. Dit moet helpen om weer winst te behalen.  ( 3 min )
    Google hangt miljardenboete boven het hoofd vanwege misbruik op reclamemarkt
    De Europese Commissie verdenkt Google ervan zijn macht op de online reclamemarkt te misbruiken. Het Amerikaanse bedrijf moet vrezen voor een boete die tot in de miljarden euro's kan oplopen.  ( 3 min )
    Turkse president Erdogan wijkt niet af van omstreden rentebeleid
    De Turkse president Recep Tayyip Erdogan blijft vasthouden aan zijn bekritiseerde monetaire beleid om de rente laag te houden. "Mensen moeten niet de misvatting hebben dat de president op weg is naar een serieuze verandering in het rentebeleid. Ik ben hetzelfde."  ( 3 min )
    NU+ | Geld uit stopcontact: hoe kan het dat stroomprijzen soms negatief worden?
    De torenhoge aardgasprijs zorgde er vorig jaar voor dat ook de prijs van elektriciteit recordhoogtes bereikte. Tegelijk zorgden goedkope zonne- en windstroom soms juist voor bodemprijzen. Dit jaar was de stroomprijs op de groothandelsmarkt al 125 uur negatief: wie stroom wilde inkopen, kreeg geld toe. Hoe kan dat?  ( 5 min )
    Koers roebel naar laagste punt in ruim een jaar door dalende olieprijs
    De waarde van de Russische roebel is gezakt naar het laagste punt sinds april vorig jaar. Voor een dollar moet je nu 84,46 roebel neerleggen. De munt daalde onder meer doordat olie minder duur is geworden.  ( 3 min )
    Gokkast verdwijnt uit het straatbeeld
    De eenarmige bandiet, zoals de gokkast in een ver verleden werd genoemd, verdwijnt uit het straatbeeld. In steeds minder horecazaken staat er eentje, blijkt uit cijfers die NU.nl opvroeg bij de Kansspelautoriteit.  ( 3 min )
    Shell wil met nieuwe plannen vooral aandeelhouders pleasen
    Shell gaat kosten besparen, eigen aandelen inkopen en meer dividend uitkeren aan zijn aandeelhouders. Dat alles moet ertoe leiden dat de aandeelhouders blijer zijn met het bedrijf.  ( 3 min )
    Uitkomst onderzoek naar explosies Nord Stream in het najaar verwacht
    Zweden hoopt dit najaar te kunnen zeggen wie er achter de explosies zat van de Nord Stream-gasleidingen. Dat heeft de leider van het onderzoeksteam gezegd in een interview met de Zweedse radio.  ( 3 min )
    Shell wil met nieuwe strategie vooral aandeelhouders pleasen
    Shell gaat kosten besparen, eigen aandelen inkopen en meer dividend uitkeren aan zijn aandeelhouders. Dat alles moet ertoe leiden dat de aandeelhouders blijer zijn met het bedrijf.  ( 3 min )
    Moederbedrijf Albert Heijn verdient steeds meer aan reclame en data
    Ahold Delhaize, het moederbedrijf van supermarktketens Albert Heijn en Delhaize, verdient steeds meer geld met andere activiteiten dan het verkopen van boodschappen. Advertentieverkoop op de eigen sites en het doorverkopen van data over consumentengedrag moeten in 2025 zo'n 1 miljard euro in het laatje brengen.  ( 3 min )
    NS meldt zich op de valreep ook voor internationaal treinen
    De NS heeft bij toezichthouder ACM een aanvraag ingediend om ook na 2025 internationale treinen te blijven rijden. Dat was nodig, want wie na dat jaar treinen wil laten rijden naar bijvoorbeeld Parijs of Londen, moest dat voor vandaag laten weten.  ( 3 min )
    Kantelpunt lijkt bereikt: boodschappen worden niet meer duurder
    De prijsstijging van de basisboodschappen lijkt ten einde. In de afgelopen twee jaar werd een kar gevuld met 55 zogenoemde basisproducten 30 procent duurder. In de eerste maanden van dit jaar werd dezelfde kar al een paar keer iets voordeliger. Dat blijkt uit cijfers van marktonderzoeker GfK die NU.nl opvroeg.  ( 4 min )
  • Open

    Markets End Mixed on Fed Rate Forecast, Healthcare Sector Stock Moves
    Markets ended mixed on forecast the Fed may pause rate increases, and declines in healthcare stocks.  ( 1 min )
    Dow Jones Today: Index Falls on Fed’s ‘Pause’
    The Dow fell 230 points after the Fed holds rates steady, but hints more rate hikes to come  ( 1 min )
    US Equities Mixed at Midday as Healthcare Stocks Drive Market Movement
    U.S. equities were mixed midday on June 14, 2023 following moves by stocks in the healthcare sector, and ahead of the Fed's decision on interest rates.  ( 1 min )
    5 Things to Know Before Markets Open
    The Federal Reserve will announce its decision on interest rates and AMD is releasing a new GPU chip in a challenge to Nvidia. Here’s what investors need to know today.  ( 1 min )
  • Open

    UnitedHealth Warns About Rising Costs for Seniors' Surgeries, and Shares Sink
    UnitedHealth shares tumbled after warning that more seniors are choosing to have elective surgeries, driving up costs.  ( 1 min )
    Vodafone and CK Hutchison Merge UK Mobile Operations
    Vodafone and CK Hutchison said they would merge their U.K. mobile phone businesses.  ( 1 min )

  • Open

    Insiders Pour Millions Into These 2 Stocks, J.P. Morgan Says They Have up to 175% Upside — Here’s Why You Should Pay Attention
    The investing game can appear complicated as there are many issues to consider before leaning into a stock: Is the time right to load up? Are the shares overvalued? Will a beaten-down stock ever recover? All of these concerns are valid, but there are ways to simplify the process, such as examining insiders’ actions. By insiders, we refer to corporate officers who operate “on the inside” and are responsible for the performance of the companies they work for. After all, they have knowledge not ava  ( 10 min )
    The stock rally will end soon, recession will hit, and the Fed won't hike interest rates again, markets guru Jeremy Siegel predicts
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    Wall Street’s biggest bull called this year’s stock market rally—now instead of a recession, he says ‘the economy is actually slipping into an expansion’
    Fundstrat’s Tom Lee is known for his bullish takes. He called a 20% S&P 500 rebound this year, and it’s up over 14% so far.  ( 8 min )
    Gen Z is incredibly ambitious. They’re just not interested in climbing your corporate ladder
    Young workers and their efforts to redefine what success looks like will significantly transform how companies retain and develop talent.  ( 11 min )
    Coca-Cola vs. Pepsi Business Models: What's the Difference?
    Understand more about The Coca-Cola Company and PepsiCo. Learn about the key similarities and differences that have made both companies good investments for years.  ( 22 min )
    Commercial real estate troubles are so pronounced that Goldman Sachs’ CEO says even a soft landing won’t prevent ‘pain’
    "Commercial real estate has come under pressure" says Goldman Sachs CEO David Solomon.  ( 8 min )
    Fatal Accident at Ohio BP-Husky Refinery — Preliminary Report Indicates Managers Ignored Warning Signs
    A preliminary report by the U.S. Chemical Safety and Hazard Investigation Board suggests that supervisors at the Ohio BP-Husky refinery continued to run the plant despite several malfunctions and a petroleum spill hours before an accident that killed two workers last year. The report, posted following The Wall Street Journal article about the preliminary findings, says that a morning valve failure resulted in a large spill of highly flammable naphtha in September 2022. Thus managers had to shut  ( 7 min )
    How IBD Stock Of The Day Shockwave Is 'Cracking' The Code To Another Breakout
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    Ask an Advisor: How Can Tax Rates Be Higher in Retirement Than Your Earning Years?
    I recently attended a retirement seminar at a local community college where the instructor talked about potentially higher tax rates in retirement due to the new RMD age. I have been under the impression throughout my saving career that tax … Continue reading → The post Ask an Advisor: How Can Tax Rates Be Higher in Retirement Than Your Earning Years? appeared first on SmartAsset Blog.  ( 10 min )
    Plug Power Stock Drawing Option Bulls Ahead of Investor Day
    The hydrogen fuel cell name issued upbeat 2023 sales guidance  ( 6 min )
    US Plans to Buy 12 Million Barrels of Oil for Reserve This Year
    (Bloomberg) -- The US plans to purchase about 12 million barrels of oil this year as it begins to refill its depleted emergency reserve amid falling crude prices, according to two people familiar with the matter. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesArm Courts Intel as Anchor Investor in Upcoming IPOPutin’s Economic Forum Pu  ( 7 min )
    Inflation is 4%. Combat It With a 6-Month CD That Pays 5.65%
    The May inflation rate was 4%, below top CD rates at terms ranging from 6 months to 5 years. The best-paying CDs could help to mitigate the impact of inflation on your savings.  ( 19 min )
    Warren Buffett's Japan bets have nearly tripled in value to north of $17 billion in under 3 years
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    3 REITs Hit With New Downgrades To Start The Week
    Wall Street analysts wield a lot of influence. A favorable or unfavorable mention of a stock by a well-known analyst or brokerage can move a stock up or down by several percentage points overnight. In the case of a downgrade or severe price target slash, it can take weeks or longer for a stock to recover. An upgrade or downgrade can also spur other analysts to announce similar new ratings, leading to even larger gains or losses. This week, three very different real estate investment trusts (REIT  ( 10 min )
    The Fed will be making a big mistake if it skips a rate hike this week, top economist Mohamed El-Erian warns
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    Warren Buffett Has Held This Stock for Over 34 Years — Why He Will Never Sell
    Warren Buffett — the Oracle of Omaha — is widely regarded as one of the greatest investors of all time. Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s Vision For Reuniting American Families Berkshire Hathaway Inc. (NYSE: BRK-A) has returned tens of thousands of percent over the years and consistently outperforms the market. Buffett purchased the company for just $8.3 million in 1965, and it’s now valued at nearly $700 billion, roughly a 10 million percent return. But one of  ( 8 min )
    Nio Succumbs To Tesla's Price War
    More than 40 automakers who are operating in the world’s greatest EV market, China, have been joining a price war that got started by the EV king himself, Tesla Inc (NASDAQ: TSLA). On Monday, Nio Inc (NYSE: NIO) showed it succumbed to earnings losses and weaker sales when the Chinese EV maker stated that it will be lowering prices for its models. Nio also stated that it will no longer be providing free battery swapping services to new buyers. Taking A Page From The Book of Tesla As of June 12th,  ( 8 min )
    Why Apple Stock Got Cut at Its All-Time High
    If the stock hits $190.734, the company will notch a historic $3 trillion market value.  ( 22 min )
    Toyota introduced an ambitious new EV strategy
    Toyota Motor Corp. has announced plans to roll out a new line of solid-state batteries that will give its electric vehicles (EVs) a longer range and trim production costs.  ( 8 min )
    Analyst Report: Vertex Pharmaceuticals, Inc.
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    Analyst Report: Perrigo Company PLC
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    Market Update: EIX, PRGO, VRTX
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    Stocks higher after inflation data shows price increases cool: Stock market news today
    The May CPI report out Tuesday showed price increases continue to moderate, likely securing a pause in the Federal Reserve's rate hiking campaign that has pushed interest rates to the highest level since 2007.  ( 7 min )
    Pentagon Just Announced A New $2.1 Billion Arms Package For Ukraine — Here Are 2 Big Defense Stocks Poised To Pop. Is It Time To Buy In?
    The U.S. Department of Defense announced a new $2.1 billion security assistance package for Ukraine. The package includes funding for additional munitions for Patriot air defense systems, HAWK air defense systems and missiles, Puma unmanned aerial systems, laser-guided rocket system munitions, 105 mm and 203 mm artillery rounds as well as support for training and maintenance. The new funding is being provided under the Ukraine Security Assistance Initiative (USAI). “This USAI package illustrates  ( 9 min )
    BA Stock In Buy Zone As Boeing Deliveries Grow Ahead Of Paris Air Show
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    Tesla and Apple aren't the only stocks on a sizzling run — check out airline stocks
    Airline stocks have lifted off as the summer travel season picks up.  ( 8 min )
    Top Industrial Stocks for June 2023
    ZIM Integrated Shipping Services, Nikola Corp, and CIRCOR International lead for value, growth, and momentum, respectively  ( 21 min )
    Tesla Stock Gains for 13th Day. The Reason Is a Headscratcher.
    The increase in Tesla's market capitalization over the past 13 days is getting very close to the entire market cap of Toyota.  ( 22 min )
    Bill Gates falls another notch on the world’s billionaire list, as AI takes Larry Ellison higher
    Oracle shares soar on AI buzz, lifting Ellison’s net worth.  ( 7 min )
    US Inflation Report Signals Fed Rate Pause Will Become a Full Stop
    (Bloomberg) -- US inflation continues to cool, giving the Federal Reserve room to take a breather from interest-rate hikes this week. The details offer signs it might become a full stop.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files for BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesArm Courts Intel as Anchor Investor in Upcoming IPOPutin’s Economic Forum Puts Russia’s Isolation o  ( 7 min )
    Tyson Foods to lay off 228 employees near Chicago who decline move to Arkansas
    Tyson Foods will lay off 228 corporate employees in Illinois who declined to relocate to the meatpacker's Arkansas headquarters, eliminating about 46% of the total staff from two offices, the company confirmed on Tuesday. Employees have resisted a decision to consolidate corporate offices, which Tyson announced in October, as the company grapples with high costs for cattle and easing demand for meat from cash-strapped consumers. Tyson will eliminate 177 employees from an office in downtown Chicago and 51 employees in suburban Downers Grove, Illinois, starting on July 31, according to the state.  ( 7 min )
    'We Have A Storm Coming': Macro Expert Barry Knapp Just Warned That The System Is About To Have A 'Liquidity Shock' — Here Are 3 Defensive Moves He Likes Now
    With the S&P 500 rising more than 20% from its lows in October 2022, the benchmark index is now officially in a bull market. But according to Barry Knapp, managing partner at Ironsides Macroeconomics, danger could be looming in the distance. The macro expert is concerned about a recession. “The probability of a recession is much higher in mid-2023 than it was in 1994,” Knapp said in a recent CNBC interview. Knapp drew the comparison with 1994 because that’s when the Federal Reserve had another a  ( 9 min )
    High-tech pizza company that raised nearly $500 million and would cook a pie in transit is reportedly broke
    Softbank-backed Zume looks to sell off its assets.  ( 6 min )
    GameStop Stock Is Rallying. Exec Chair Ryan Cohen Bought $10 Million in Shares.
    Ryan Cohen's investment vehicle now owns 36.8 million GameStop shares for a 12.1% stake.  ( 22 min )
    Fed Meeting: 'Hawkish Pause' May Cap Upside For S&P 500
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    Stock Market Fades After Jumping On Inflation Data. Nvidia, Apple, Tesla Share Amazing Milestones.
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    2 “Strong Buy” Dividend Stocks With Up to 11% Dividend Yield
    How do you manage risk when no one agrees on what the risks will be? Markets are rising right now, but today’s higher interest rates threaten a credit crunch, among other things, which could dampen the positive sentiment. The inflation numbers from May, just 4% annualized, were better than expected, which could justify the Fed dialing back its monetary tightening – but we don’t know if that will happen in time. In short, optimistic sentiment collides with unpredictable conditions. The uncertain  ( 11 min )
    Apple downgraded, Oracle upgraded: Wall Street's top analyst calls
    Apple downgraded, Oracle upgraded: Wall Street's top analyst calls  ( 8 min )
    Ryan Cohen scoops up GameStop stock worth $10 million, shares rise
    The company's board last week ousted Matt Furlong, a former Amazon.com executive who was handpicked to lead the largely brick-and-mortar operations company's online expansion, fanning concerns about the videogame retailer's ailing business. Furlong's exit came as the company struggles to turn a corner after it posted a bigger-than-expected loss for the latest three months and missed revenue expectations, with net sales falling for a fourth straight quarter last week.  ( 7 min )
    Shark Tank billionaire Mark Cuban backs Bud Light over transgender controversy: ‘It’s good business’
    The Dallas Mavericks owner says consumers want to do business with companies that care about their customers.  ( 9 min )
    Dow Jones Futures Rise On Cool CPI Inflation Data; Cathie Wood Sells $92 Million Of Tesla Stock
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    I Want to Retire at 55; How Long Will $2.5 Million Last Me?
    It probably is possible for most people to retire at age 55 if they have $2.5 million in savings. The ultimate answer, though, will depend on the interplay between various factors. These include your health, your anticipated retirement lifestyle and … Continue reading → The post Can I Retire at 55 With $2.5 Million? appeared first on SmartAsset Blog.  ( 9 min )
    Are Taxes on a Trust Inheritance Going to Cost Me a Fortune?
    When making an estate plan, using a trust is a way to make passing assets - including both cash and physical assets - a bit easier. In fact, when using a trust, you can often allow your family to avoid … Continue reading → The post Do You Have to Pay Taxes on a Trust Inheritance? appeared first on SmartAsset Blog.  ( 8 min )
    US consumer prices slow in May; core inflation sticky
    U.S. consumer prices rose moderately in May, leading to the smallest annual increase in inflation in more than two years, though underlying price pressures remained strong, supporting views that the Federal Reserve would keep interest rates unchanged on Wednesday while adopting a hawkish posture. The Consumer Price Index (CPI) increased 0.1% last month as gasoline prices fell, the Labor Department said on Tuesday. The CPI gained 0.4% in April.  ( 7 min )
    Cathie Wood Cashes In Tesla Stock As It Hits 12-Day Winning Streak
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    Inflation: Consumer prices in May rose at slowest annual rate since April 2021
    Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday morning.  ( 6 min )
    Shoplifting Is Getting Worse. Retailers Are Fighting Back.
    Nearly half of retailers increased their loss prevention budgets in 2022, according to a recent survey.  ( 22 min )
    AMD, Nvidia, C3.ai, and Other AI Stocks Rise After Oracle’s Earnings
    Oracle stuck to its forecast of $65 billion in sales by 2026, but CEO Safra Catz says AI demand leaves the software company 'significant upside.'  ( 22 min )
    XRP Prices Jump as Hinman Speech Released in Ripple Labs Filing
    Hinman suggested in his 2018 speech that bitcoin (BTC) and ether (ETH) were not securities, in his view.  ( 7 min )
    If the dot-com boom is AI's analogue, the boom is just beginning
    The current 'AI bubble' is nowhere close to how things looked in the dot-com era.  ( 8 min )
    Bunge, Viterra to Merge to Create Global Agribusiness Giant
    Grain trader Bunge agreed to acquire Glencore-backed Viterra for $8.2 billion in a deal that would create one of the world’s largest agricultural companies.  ( 28 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Campbell Soup Co.
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    Analyst Report: Pinnacle West Capital Corp.
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    Market Digest: AEE, CPB, PNW
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    AMD likely to offer details on AI chip in challenge to Nvidia
    Advanced Micro Devices on Tuesday is expected to reveal new details about an AI "superchip" that analysts believe will be a strong challenger to Nvidia Corp, whose chips dominate the fast-growing artificial intelligence market. AMD Chief Executive Lisa Su will give a keynote address at an event in San Francisco on the company's strategy in the data center and AI markets. Analysts expect fresh details about a chip called the MI300, AMD's most advanced graphics processing unit (GPU), the category of chips that companies like OpenAI use to develop products such as ChatGPT.  ( 7 min )
    Climbing the Income Ladder: How Taxes Impact Different Salaries – 2023 Study
    Remote work has allowed skilled workers to mobilize and capitalize on the benefits of different areas of the U.S. After all, a $100,000 salary is worth far more in a place like Memphis than high-cost cities like New York and … Continue reading → The post Climbing the Income Ladder: How Taxes Impact Different Salaries – 2023 Study appeared first on SmartAsset Blog.  ( 10 min )
    Intel Could Be Investor in Chip Designer Arm’s Blockbuster IPO
    SoftBank-backed Arm is in talks with Intel as a potential strategic investor to anchor one of the year’s biggest initial public offerings, reports say.  ( 25 min )
    China Shifts to Stimulus Mode With Xi’s Options Dwindling
    (Bloomberg) -- China is ramping up policy stimulus to help boost its faltering economy, although soaring debt levels and concerns about financial stability mean the measures are likely to be limited compared with support packages in previous downturns. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files for BankruptcyArm Courts Intel as Anchor Investor in Upcoming IPOOil Traders Are Daring to Defy Market Ki  ( 10 min )
    Daily – Vickers Top Insider Picks for 06/13/2023
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    Daily – Vickers Top Buyers & Sellers for 06/13/2023
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    Analysis-Tesla taps brakes on job ads after Musk clamps down on hiring
    Tesla has tapped the brakes on aggressive job advertising in recent weeks since CEO Elon Musk directed executives to obtain his sign off on all new hires, a Reuters analysis shows. Daily changes to Tesla's U.S. career website, tracked by Reuters, show the number of job ads has dipped by about 4% since May 15, when Musk told executives to send him a list of hiring requests on a weekly basis and cautioned them to "think carefully" before submitting requests. The last time Tesla's job ads dipped by that magnitude, was in November, and the decline accelerated over the next three months, with Musk warning in January he expected a "pretty difficult recession".  ( 8 min )
    Analysis-GM could reap billions by building combustion trucks and SUVs through 2035
    General Motors has signaled in a series of recent announcements on plant retoolings that it plans to keep its largest and most profitable combustion trucks and SUVs in production longer than expected - another 10 to 12 years, according to analysts and suppliers. This should enable the automaker to reap tens of billions of dollars in additional profit, according to Reuters estimates, before it shifts completely to zero-emission electric vehicles in 2035. GM in November 2021 said it would switch to an all-electric fleet by 2035.  ( 9 min )
    Stock market today: Global markets higher ahead of US inflation, Fed rates decision
    Global stock markets and Wall Street futures rose Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike. Forecasters expect it to show inflation eased in May but still was double the Fed's 2% target despite interest rate hikes to cool business activity. Traders hope the Fed will skip another rate increase when its monthly board meeting ends Wednesday, but that might be complicated if inflation is higher than expected.  ( 8 min )
    C3.ai, Palantir, AMD, Nvidia Rise After Oracle Earnings Bring More AI Optimism
    Oracle stuck to its forecast of $65 billion in sales by 2026, but CEO Safra Catz says AI demand leaves the software company 'significant upside.'  ( 22 min )
    Time to Take Profits. Cathie Wood Sells Tesla, Nvidia Stocks.
    Cathie Wood's ARK Invest disclosed several transactions in three funds, Monday including sales of Tesla and Nvidia stocks.  ( 22 min )
    These Stocks Are Moving the Most Today: Oracle, Apple, Tesla, Home Depot, and More
    Oracle reports fiscal fourth-quarter earnings and revenue that top analysts' forecasts, Apple stock closes at a record high, and Tesla rises for a 12th consecutive session.  ( 22 min )
    European shares rise as miners, tech stocks jump
    The pan-European STOXX 600 index rose 0.5% as of 0715 GMT, with the rate-sensitive tech sector index up 1.5%. Investors were hopeful of U.S. inflation data releasing later in the day would likely show an easing in prices in May, further adding to bets that the Fed would skip hiking rates in its policy decision on Wednesday. Swedish industrial technology group Hexagon's shares gained 4.3%, after it announced a collaboration with the world's most valuable chip firm Nvidia Corp.  ( 6 min )
    China’s Surprise Rate Cut Fuels Expectations of More Easing
    China’s central bank surprised most economists and market participants by cutting a short-term policy interest rate, a sign that officials are increasingly concerned about faltering growth and are stepping up stimulus to boost the recovery.  ( 8 min )
    Shoplifting Is Getting Worse. 4 Ways Retailers Are Fighting Back.
    Nearly half of retailers increased their loss prevention budgets in 2022, according to a recent survey.  ( 22 min )
    Marketmind: China steals the show before US inflation
    The People's Bank of China (PBOC) managed to liven up the wait for Tuesday's highly anticipated U.S. consumer price inflation (CPI) data by lowering a short-term lending rate for the first time in 10 months. Several analysts had been expecting a cut to the one-year medium-term lending facility rate on Thursday, when the PBOC is widely expected to roll over maturing loans. Tuesday's 10 basis-point reduction to the seven-day reverse repo rate, however, promptly removed any lingering doubt about China's policy bent toward stimulus in the face of persistently weak economic data.  ( 6 min )
    First It Was Quiet Quitting, Now Workers Are Facing Off With Their Bosses
    Half of workers aren’t engaged on the job, and there is a growing share of the workforce that is resentful that their needs aren’t being met, Gallup says.  ( 28 min )
    Intel in talks to be anchor investor in Arm IPO - source
    Arm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and $10 billion, Reuters reported earlier in April. Arm's designs are used in the manufacturing of chips made by most of the world's major semiconductor companies, including Intel, AMD, Nvidia and Qualcomm. It was not immediately clear what impact any IPO investment by one or more of those companies would have on Arm's commercial relationships.  ( 7 min )
    Intel Is in Talks to Be an Anchor Investor in Chip Designer Arm’s IPO
    (Bloomberg) -- British chip designer Arm Ltd., backed by SoftBank Group Corp., is in talks with potential strategic investors including Intel Corp. to anchor what will be one of the largest initial public offerings of the year, according to people familiar with the matter. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyUBS Completes  ( 8 min )
    FedEx pilots take another step toward 30% pay raise
    The board of the FedEx pilots union has endorsed a contract agreement and sent it to members for an up-or-down vote. The post FedEx pilots take another step toward 30% pay raise appeared first on FreightWaves.  ( 8 min )
  • Open

    Toyota Shares Gain as the Carmaker Unveils New EV Plans
    Toyota shares rose after the carmaker announced new EV plans.  ( 1 min )
    Bunge and Viterra to Merge in $18 Billion Agribusiness Deal
    Bunge and Viterra agreed to merge in an $18 billion deal that will create an agribusiness giant valued at an estimated $34 billion.  ( 1 min )
    Oracle's Results Beat Estimates, Announces Generative AI Services
    Oracle posted better-than-expected earnings, a strong sales outlook, and announced plans to develop generative AI services.  ( 1 min )
  • Open

    Markets Gain as Slowing Inflation Increases Optimism of No Fed Rate Hike
    Markets gained on Tuesday, June 13, 2023, as slowing inflation raises hopes the Fed won't raise rates; cruise lines, energy stocks gain.  ( 1 min )
    Dow Jones Today: Inflation Down, Index Up
    The Dow Jones Industrial Average rose 0.4%, or about 145 points, after May’s inflation report encouraged investors the Federal Reserve will keep interest rates steady at least until July.  ( 1 min )
    Markets Rise Midday as Inflation News Raises Expectations of a Rate Hike Pause
    U.S. equities gained at midday on Tuesday, June 13, 2023 as lower inflation raised optimism the Fed could pause its rate hike cycle.  ( 1 min )
    5 Things to Know Before Markets Open
    The latest inflation figures are expected to show price pressures easing, and a jump in revenue helped push Oracle shares higher. Here’s what investors need to know today.  ( 1 min )
    Dow Jones Today: Index Climbs Ahead of Fed Decision
    The Dow Jones Industrial Average was higher by more than 180 points, marking five straight sessions in the green  ( 1 min )
    Tesla Shares Set a Record as Several EV Charging Firms Add Tesla Connectors
    Tesla's stock price rose on Monday for the 12th straight session, in its longest winning streak on record after several EV charging station firms added Tesla's connectors.  ( 1 min )
    Markets Advance on Optimism Fed Policymakers Will Skip a Rate Hike at This Week's Meeting
    Markets gained on Monday, June 12, 2023 on expectations that Fed policymakers will skip a rate hike at this week's meeting.  ( 1 min )
  • Open

    CO2-uitstoot gedaald doordat we zuiniger zijn met gas
    De Nederlandse uitstoot van CO2 was in de eerste drie maanden van dit jaar 3,3 procent lager dan in dezelfde periode vorig jaar. Dat komt vooral doordat we minder aardgas hebben verbruikt, blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Vakbonden en VDL Nedcar bereiken akkoord over sociaal plan rond ontslaggolf
    Vakbonden en VDL hebben dinsdag een akkoord gesloten over een nieuw sociaal plan voor werknemers van autofabriek Nedcar in Born. Dat was nodig vanwege de aangekondigde massaontslagen, maar het duurde weken voor de partijen het met elkaar eens waren.  ( 3 min )
    Gasprijs schiet opnieuw flink omhoog, derde sprong in acht dagen
    De prijs van gas is dinsdag met maar liefst 25 procent omhooggegaan. Dat komt doordat onderhoud aan Noorse gasinstallaties langer duurt dan verwacht. Het is de derde prijssprong in acht dagen.  ( 3 min )
    Scherpere regels STAP-budget: geen cryptocursus of snoepreisje meer
    Het moet moeilijker worden om het populaire STAP-budget te misbruiken voor een hobbycursus of andere studie die niets met werk te maken heeft. Het kabinet denkt aan het uitsluitend toestaan van opleidingen die de overheid heeft goedgekeurd.  ( 3 min )
    NU+ | Het is stil in de Metaverse, maar Apple kan zorgen voor nieuwe interesse
    Facebook-oprichter Mark Zuckerberg droomt van een virtuele toekomst. Je kunt de echte wereld achterlaten door een bril op te zetten en jezelf onderdompelen in een digitale wereld waarin alles mogelijk is. Tot nu toe loopt het nog geen storm. Maar misschien zorgt Apple voor een opleving.  ( 4 min )
    Transavia zette stagiairs in als cabinepersoneel
    Vliegmaatschappij Transavia heeft stagiairs ingezet als volwaardige cabinemedewerkers aan boord van vliegtuigen. Dat heeft de Nederlandse Arbeidsinspectie geconstateerd. Die wil de naam van de luchtvaartmaatschappij niet noemen, maar Transavia maakt zelf duidelijk het onderwerp te zijn.  ( 4 min )
    Van der Valk-hotels willen meer coronasteun van de overheid
    De hotels van Van der Valk vinden dat ze te weinig coronasteun hebben gekregen. In een zaak tegen de Staat betoogden ruim zestig hotels dat ze allemaal losse bedrijven zijn en dat ze ook op die basis coronasteun hadden moeten krijgen.  ( 3 min )
    Ritje in bus of tram dreigt volgend jaar fors duurder te worden
    Prijzen in het stad- en streekvervoer zijn volgend jaar waarschijnlijk 11,3 procent hoger dan dit jaar. Dat komt doordat vervoerders zelf meer kwijt zijn aan energie en lonen. Die hogere uitgaven willen ze verwerken in hun prijzen.  ( 3 min )
    Ondanks 'historische' loonstijging in cao's is het voor FNV nog niet genoeg
    In de cao's die de afgelopen zes maanden zijn afgesloten, komt de gemiddelde loonstijging uit op 7,1 procent. "En de stijgende lijn zet door", zegt vicevoorzitter Zakaria Boufangacha van vakbond FNV.  ( 4 min )
    Luchtvaartmaatschappij zette stagiairs in als cabinepersoneel
    Een luchtvaartmaatschappij die in Nederland actief is, zette stagiairs in als volwaardige cabinemedewerkers aan boord van vliegtuigen. Dat heeft de Nederlandse Arbeidsinspectie geconstateerd. Die wil niet zeggen om welke maatschappij het gaat, noch of het om een Nederlandse maatschappij gaat.  ( 3 min )
    VN: Damdoorbraak Oekraïne leidt wereldwijd tot voedselproblemen
    De verwoesting van de dam in de Oekraïense rivier de Dnipro leidt tot grote problemen met de internationale voedselzekerheid, stellen de Verenigde Naties. Dat komt doordat er een enorme hoeveelheid water naar het zuiden van Oekraïne stroomt. Daar wordt veel graan verbouwd.  ( 4 min )
    Ook chocola ontkomt niet aan inflatie: cacao peperduur door matige oogst
    Chocoladerepen kunnen de komende tijd mogelijk nog duurder worden. Dat komt doordat de prijs van cacao is gestegen naar het hoogste punt in zeven jaar, meldt dataverzamelaar NielsenIQ. Vooral voor pure chocola moeten liefhebbers waarschijnlijk flink in de buidel tasten, omdat daar veel cacao in zit.  ( 3 min )
    Ondanks 'historische' loonstijgingen in cao's is het voor FNV nog zeker niet genoeg
    In de cao's die de afgelopen zes maanden zijn afgesloten, komt de gemiddelde loonstijging uit op 7,1 procent. "En de stijgende lijn zet door", zegt vicevoorzitter Zakaria Boufangacha van vakbond FNV.  ( 4 min )
    Damdoorbraak raakt ook Oekraïense graanoogst
    De verwoesting van de dam in de Oekraïense rivier de Dnipro leidt tot grote problemen met de internationale voedselzekerheid, stellen de Verenigde Naties. Dat komt doordat er een enorme hoeveelheid water naar het zuiden van Oekraïne stroomt. Daar wordt veel graan verbouwd.  ( 4 min )
    Ondanks 'historisch' hoge loonstijgingen in cao's, is het voor FNV nog zeker niet genoeg
    In de cao's die de afgelopen zes maanden zijn afgesloten, komt de gemiddelde loonstijging uit op 7,1 procent. "En de stijgende lijn zet door", zegt vicevoorzitter Zakaria Boufangacha van vakbond FNV.  ( 4 min )
    Cao-lonen over afgelopen zes maanden met gemiddeld 7,1 procent gestegen
    In de cao's die de afgelopen zes maanden zijn afgesloten, komt de gemiddelde loonstijging uit op 7,1 procent. "En de stijgende lijn zet door", zegt vicevoorzitter Zakaria Boufangacha van vakbond FNV.  ( 4 min )
    PostNL geeft voor de tweede keer een cryptopostzegel uit
    PostNL brengt in het najaar een nieuwe cryptopostzegel uit. De 'crypto stamp' bestaat uit een echte postzegel die je zoals gewoonlijk ergens op kunt plakken en een digitaal deel.  ( 4 min )
    Nederland verloor afgelopen jaren geld door dure energie
    Nederland was de afgelopen twee jaar meer geld kwijt aan het importeren van goederen en diensten uit het buitenland. Dat kwam voornamelijk door de hoge energieprijzen.  ( 3 min )
    Nederlandse voedselproducenten zijn nog lang niet van het gas af
    Hoewel de energierekening de afgelopen tijd hoger is geworden, zijn Nederlandse voedselproducenten veel gas blijven verbruiken. Dat terwijl veel andere bedrijven wel hebben geminderd. Dat kan slecht uitpakken voor de voedingsproducenten, waarschuwt ING Research.  ( 4 min )
  • Open

    Will Getting a Student Loan Deferral Hurt My Credit Score?
    A student loan deferral can give you relief from your debts, but there can be long-term consequences to your credit score. Learn how deferrals affect your credit score.  ( 22 min )
    What's Better for my Savings Right Now, a Fixed or Variable Interest Rate?
    Whether a locked or changing rate on your savings is better depends on where the Fed rate is headed  ( 18 min )
    Dividend Policy: What It Is and How the 3 Types Work
    Dividend policy structures the dividend payout a company distributes to its shareholders. Stable, constant, and residual are three dividend policies.  ( 24 min )
    Cooling Inflation Could Mean a Lower Social Security Increase in 2024
    Lower inflation could mean a big drop in the Social Security cost-of-living adjustment (COLA) for 2024, according to the Senior Citizens League.  ( 16 min )
    Coca-Cola vs. Pepsi's Business Models: What's the Difference?
    Understand more about The Coca-Cola Company and PepsiCo. Learn about the key similarities and differences that have made both companies good investments for years.  ( 22 min )
    Understanding Different Loan Types
    Learn about the different types of loans available and find the one that will best suit your needs when it comes to borrowing money.  ( 25 min )
    Social Security Benefits for for Same-Sex Couples: History and How Survivors Benefits Work
    A 2021 policy change offered retroactive survivors benefits to same-sex couples who lost their partner before the establishment of marriage equality.  ( 27 min )
    Dow Jones Today: Inflation Down, Index Up
    The Dow Jones Industrial Average rose 0.4%, or about 145 points, after May’s inflation report encouraged investors the Federal Reserve will keep interest rates steady at least until July.  ( 17 min )
    Markets Gain as Slowing Inflation Raises Hopes the Fed Won't Raise Rates
    Markets gained on Tuesday, June 13, 2023, as slowing inflation raises hopes the Fed won't raise rates; cruise lines, energy stocks gain.  ( 16 min )
    Top CD Rates Today, June 13, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Toyota Shares Gain as the Carmaker Unveils New EV Plans
    Toyota shares rose after the carmaker announced new EV plans.  ( 16 min )
    How To Join a Credit Union That Pays Top CD Rates Right Now
    Learn what it takes to join a credit union and tap into some of the best rates on certificate of deposit (CD) accounts offered by these institutions.  ( 17 min )
    Skycoin (SKY) Definition
    Skycoin operates as an ecosystem of blockchain technology that is powered by its native SKY cryptocurrency and the Obelisk consensus algorithm.  ( 22 min )
    Sinking Fund Definition, Types, and Example
    A sinking fund is an account a corporation uses to set aside money earmarked to pay off the debt from a bond or other debt issue. The fund gives bond investors an added element of security.  ( 22 min )
    Taxes in Oregon for Small Business: The Basics
    Learn the tax laws for small businesses in Oregon, and understand the different types of taxes small business owners face based on business type.  ( 22 min )
    Leonardo DiCaprio's Net Worth—A Look Into the Actor's Green Business Empire
    Oscar-winning actor Leonardo DiCaprio amassed a net worth of about $300 million from his acting career and real estate portfolio. As a climate activist he also backs sustainable companies from plant-based foods to vegan leather.  ( 23 min )
    Financial Challenges for LGBTQ+ Service Members and Their Families
    Despite making huge strides and gaining important rights, some financial issues still persist for LGBTQ+ service members and their families.  ( 30 min )
    Inflation is 4%. Combat It With a 6-Month CD That Pays 5.65%
    The May inflation rate was 4%, below top CD rates at terms ranging from 6 months to 5 years. The best-paying CDs could help to mitigate the impact of inflation on your savings.  ( 18 min )
    Do’s and Don’ts of Lending to Friends and Family
    Lending money to friends and family can have unintended financial consequences. Learn the do’s and don’ts of lending money to people you know.  ( 24 min )
    6 Reasons Healthcare Is So Expensive in the U.S.
    Here's why healthcare in the United States is so expensive, but the quality of care in the U.S. still ranks low among developed countries.  ( 23 min )
    What Is a Buy Here, Pay Here (BHPH) Car Dealership?
    The term “Buy Here, Pay Here (BHPH)” refers to auto dealerships in which the financing for the vehicles purchased is done in-house.  ( 22 min )
    Bill of Materials (BOM) Meaning, Purpose, and Types
    A bill of materials is an extensive list of raw materials, components, and instructions required to construct, manufacture, or repair a product or service.  ( 21 min )
    How to Open a Checking Account Online
    Almost all banks, both traditional and online-only, allow you to open checking accounts online. Here's how to do it, including how to navigate problems.  ( 24 min )
    Loans Terms: Specific Terms Defined & How to Negotiate Them
    Loan terms are the details of a loan when you borrow money. Here’s more on what loan terms means and how to review them when borrowing.  ( 24 min )
    How Much Does Health Insurance Cost?
    Health insurance premiums vary wildly across the U.S. according to where you live and work, how old you are, your income, and more.  ( 28 min )
    The New Bull Market Lures Individual Investors Back to Stocks
    Individual investors have re-embraced stocks and are more confident that markets will rise than they have been all year, according to Investopedia’s latest survey of newsletter readers.  ( 17 min )
    Top 3 U.S. Stock Market Indexes
    Leading U.S. stock market indexes include the Dow Jones Industrial Average, the Standard & Poor's 500, and the Nasdaq Composite.  ( 22 min )
    Mid-Cap ESG Investing
    A look at how those interested in mid-caps can identify investment opportunities based on environmental, social, and governance-related dimensions.  ( 23 min )
    Understanding Your Financial Aid Award Letter
    Based on how you fill out the FAFSA, you’ll receive a financial aid award letter from each school that accepts you. Here’s what you need to know.  ( 27 min )
    Markets Rise Midday as Inflation News Raises Expectations of a Rate Hike Pause
    U.S. equities gained at midday on Tuesday, June 13, 2023 as lower inflation raised optimism the Fed could pause its rate hike cycle.  ( 16 min )
    Bunge and Viterra to Merge in $18 Billion Agribusiness Deal
    Bunge and Viterra agreed to merge in an $18 billion deal that will create an agribusiness giant valued at an estimated $34 billion.  ( 16 min )
    Top Industrial Stocks for June 2023
    ZIM Integrated Shipping Services, Nikola Corp, and CIRCOR International lead for value, growth, and momentum, respectively  ( 21 min )
    Oracle's Results Beat Estimates, Announces Generative AI Services
    Oracle posted better-than-expected earnings, a strong sales outlook, and announced plans to develop generative AI services.  ( 16 min )
    What Are Intangible Assets? Examples and How to Value
    An intangible asset is an asset that is not physical in nature and can be classified as either indefinite or definite.  ( 26 min )
    Personal Loan Rates & Trends, Week of June 12: Rates Increase
    Personal loan rates increased to 21.35%, well over a half percentage point since last week. Last week, the average personal loan rate sat at 20.67%, 68 basis points lower.  ( 17 min )
    What Happens to Your Bank Account After Death?
    After death, your bank account may not go directly to your heirs. Learn how to set things up so that it does.  ( 22 min )
    What Is a Living Wage? Definition, History, and How to Calculate
    Living wage refers to a theoretical wage level that allows an individual to afford adequate shelter, food, and other necessities.  ( 26 min )
    Term of the Day: Step-Up CD
    The step-up CD is an option for portfolio diversification, though investors might find better yields through products that take advantage of recent higher rates set by the Federal Reserve.  ( 16 min )
    Benefits for People With Disabilities and Their Parents
    If you are caring for a disabled child, you have a wide range of federal and state benefits available to you.  ( 24 min )
    30-Year New Purchase Mortgage Rate Falls, While Refi Rate Rises
    The average rate for a 30-year new purchase mortgage dropped 8 basis points Monday, while its refinance counterpart rose 6 basis points, widening the gap between the two.  ( 19 min )
    Inflation Cools to 4% as Cost of Living Increases Simmer Down
    The Consumer Price Index rose 4% over 12 months in May, down more than half from the 9.1% inflation peak logged less than a year ago in June 2022 and its lowest since March 2021.  ( 17 min )
    Currency Transaction Report (CTR): Use in Banking and Triggers
    A currency transaction report (CTR) is used in the banking industry to monitor and report cases of potential money laundering.  ( 24 min )
    Dotcom Bubble Definition
    The dotcom bubble was a rapid rise in U.S. equity valuations fueled by investments in Internet-based companies during the bull market in the late 1990s.  ( 22 min )
    How to Sell Put Options to Benefit in Any Market
    Selling (writing) a put option allows an investor to potentially own the underlying security at both a future date and a more favorable price.  ( 26 min )
    Top REITs for June 2023
    Minto Apartment, National Health Investors, and Apartment Investment lead for value, growth, and momentum, respectively  ( 20 min )
    Gordon Growth Model (GGM) Defined: Example and Formula
    The Gordon growth model (GGM) is used to determine the intrinsic value of a stock based on a future series of dividends that grow at a constant rate.  ( 26 min )
    TMX Group Definition and History
    The TMX Group is a large Toronto-based financial services company that operates Canadian exchanges and services dealing in multiple asset classes.  ( 19 min )
    Least Squares Method: What It Means, How to Use It, With Examples
    The least squares method is a statistical technique to determine the line of best fit for a model, specified by an equation with certain parameters to observed data.  ( 23 min )
    Annual Report Explained: How to Read and Write Them
    An annual report describes a company's operations and financial condition to stakeholders, and is required by regulators.  ( 24 min )
    What Happens to Your CD if Your Bank Fails?
    The Federal Deposit Insurance Corporation insures CDs at member institutions up to the deposit insurance limit of $250,000.  ( 15 min )
    Why You Should Have More Than One Savings Account Right Now
    With elevated interest rates translating to higher yields on deposit products, it could be a perfect time to hold your savings in multiple accounts.  ( 16 min )
    5 Things to Know Before Markets Open
    The latest inflation figures are expected to show price pressures easing, and a jump in revenue helped push Oracle shares higher. Here’s what investors need to know today.  ( 18 min )
    Advisors: Approach High-Yield Accounts With Caution
    Savers considering non-traditional, high-yield accounts should approach them with caution, financial advisors say  ( 16 min )
    What Is PEST Analysis? Its Applications and Uses in Business
    PEST analysis (political, economic, social, and technological) is an analytical method used by companies to determine what major external factors could affect their business.  ( 21 min )
    Want to Work at a Hedge Fund? These Are the Top Entry-Level Jobs
    Lucrative salary, high perks, and best quantitative brains at work—here are the common entry level positions for those aspiring for a career in the hedge fund industry.  ( 21 min )
    How Medtronic Makes Money
    Learn the story of how Medtronic, one of the world's largest medical equipment and therapies suppliers, generates money and about its global business.  ( 22 min )

  • Open

    Wanda’s Billionaire Founder Fights to Save Empire After $40 Billion Wealth Destruction
    (Bloomberg) -- Just last year, billionaire Wang Jianlin had appeared to cement his reputation as one of the few remaining Chinese property tycoons to sidestep a wave of debt defaults sweeping the industry.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyUBS Completes Credit Suisse Takeover to Create Bank TitanMary Erdoes, JPMorgan’s B  ( 10 min )
    New Climate Laws Could Price Americans Out of Electric-Car Market, BYD Executive Warns
    (Bloomberg) -- BYD Co., China’s homegrown company that’s now become the world’s hottest maker of electric vehicles, has a warning for the US: New climate laws could end up backfiring and leave Americans paying more for EVs than the rest of the world. Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyUBS Completes Credit Suisse Takeover  ( 11 min )
    Time to buy these utility stocks with double-digit upside potential, says Goldman Sachs
    The U.S. electric grid is undergoing a huge transformation and renewables have steadily become more widely adopted over the past decade. Adoption is set to continue at a brisk pace, says Goldman Sachs analyst Carly Davenport. Looking ahead, Davenport reckons that by 2032, over 45% of the U.S.’s power generation capacity will come from renewable sources and 6% from coal. That compares to a mix of 30%/16% today and 17%/27% in 2012, making the ongoing change very clear. With this as backdrop, boost  ( 11 min )
    Oracle Pushes to Record High as AI-Frenzy Spurs Cloud Demand
    (Bloomberg) -- Oracle Corp. reported quarterly revenue that topped estimates, signaling the software maker’s cloud business is benefiting from heightened demand for artificial intelligence workloads. Shares gained in extended trading.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallySilvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86Mary  ( 8 min )
    Brookfield to Buy Duke Renewables Unit for $2.8 Billion
    (Bloomberg) -- Brookfield Renewable agreed to buy a big portfolio of wind and solar farms from Duke Energy Corp. for $2.8 billion in a move intended to boost cash reserves.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files for BankruptcyArm Courts Intel as Anchor Investor in Upcoming IPOOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaChina Weighs Broad Stimulus With Property Support, Rate CutsDuk  ( 7 min )
    Recession will strike and stocks will drop - but the declines won't be half as bad as some fear, leading strategist says
    Seema Shah, the chief global strategist of Principal Asset Management, expects the US recovery to start next spring, and the AI craze to help stocks.  ( 7 min )
    Housing has become so unaffordable that over 75% of homes on the market are too expensive for middle-income buyers
    Housing is so expensive that middle-income buyers can only afford 23% of properties on the market, according to the National Associations of Realtors.  ( 7 min )
    Is TLRY Stock A Buy After Launching New Products And Another State Legalizing Marijuana?
    No content preview
    Here are six ways the rich save big on taxes, from putting houses in trusts to guaranteeing inheritance for future generations
    What might seem to be farfetched tax mitigation tactics are perfectly legal, lawyers and bankers to the wealthy tell Insider.  ( 9 min )
    Why Many of Today’s Best CD Rates Are Found at Online Banks
    The nature of online banks enables them to pay higher rates than traditional banks, with the same federally insured safety.  ( 19 min )
    Beware this stock market rally because it's reminiscent of what led up to the 2008 crisis, JPMorgan Asset Management CIO says
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    Instant Pot and Pyrex Maker Instant Brands Files for Bankruptcy
    (Bloomberg) -- Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after high interest rates and waning access to credit hit its cash position and made its debts unsustainable. Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallySilvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86Mary  ( 6 min )
    Oracle Earnings, Revenue Top Estimates On Cloud Computing Growth
    No content preview
    Morgan Stanley’s investment chief called 2022’s bear market, and he says stocks are still hibernating—he sees a 14% drop ahead
    “With the S&P 500 rally now crossing the 20% threshold, more are declaring the bear market officially over. We respectfully disagree," Wilson wrote Monday, arguing corporate earnings are set to fall.  ( 9 min )
    Oneok-Magellan Midstream Deal May Be in Trouble
    A big Magellan holder has come out against the $19 billion deal with Oneok that would create one of the largest energy pipelines in the U.S. Taxes are a key issue.  ( 22 min )
    Oracle beats quarterly revenue estimates on cloud services demand
    Oracle's push into the cloud computing market has started to bear fruit, helped by its acquisition of electronic medical records firm Cerner last year that has helped it better compete with industry giants like Microsoft and Amazon.com. The cloud and software company has also boosted its AI cloud offerings, including its partnership with Nvidia to make the chip company's AI software and chips available to Oracle customers via its cloud services. Analysts believe that given the company's partnership with Nvidia, Oracle Cloud Infrastructure (OCI) is well-positioned to become a major AI/ML development platform, which could be another leg of emerging growth.  ( 7 min )
    Tech leads market rally to start crucial week for US economy: Stock market news today
    Stocks rallied on Monday ahead of a key inflation reading on Tuesday and the Fed's latest policy announcement on Wednesday.  ( 7 min )
    AutoZone Stock Got Smacked After Earnings. It Could Be Time to Buy.
    Evercore ISI analyst Greg Melich upgraded the auto-parts retailer to Outperform from In-Line, raising his target for the stock price.  ( 22 min )
    Dow Jones Up As Oracle Pops On Upgrade; Elon Musk Mocks Short Call, Tesla Stock Gains
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    Jeff Bezos bought Amazon stock for the first time in more than 2 decades. He may be engaging in Elon Musk-style trolling.
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    The Soros Era Is Over on Wall Street
    George Soros has handed the reins of his empire to his 37-year-old son, Alex, marking the end of an era on Wall Street. For decades, Soros’s moves were scrutinized, followed and sometimes even imagined by rival traders.  ( 22 min )
    Berkshire Unit Liable for Millions in Damages Over Oregon Fires
    (Bloomberg) -- A Berkshire Hathaway Inc. unit is liable for destruction caused by the 2020 Labor Day Fires in Oregon, a jury concluded, exposing energy company PacifiCorp to potentially more than $1.5 billion in damages.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanMorgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallySilvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86Mary Erdoes, JPMorg  ( 8 min )
    Boeing Stock Flies Into Buy Zone
    No content preview
    Citigroup Warns Bond Traders Are Misreading Inflation Ahead of CPI
    (Bloomberg) -- Bond traders are underestimating how much Tuesday’s Consumer Price Index report will show the inflation rate dropped last month, according to Citigroup Inc. strategist Raghav Datla.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanSilvio Berlusconi, Italy Leader Mired in Scandal, Dies at 86Morgan Stanley, Goldman at Odds on S&P 500’s Bull Market RallyMary Erdoes, JPMorgan’s Billionaire Whisper  ( 7 min )
    What Could Knock Stocks Back Into a Bear Market
    At just over 4300, the S&P 500 has risen about 20% from its closing low in last year's market downturn, putting it technically in bull-market territory.  ( 22 min )
    US budget deficit mushrooms in May as revenue falls, Medicare outlays jump
    In 2022, more of the non-withheld tax payments had been processed in May, in part because of Internal Revenue Service staffing issues, and capital gains taxes associated with the 2021 tax year were more substantial a year ago at that time. Through the first eight months of the fiscal year, which began in October, the Treasury reported a cumulative deficit of $1.165 trillion, up from $426 billion a year earlier. President Joe Biden on June 3 signed legislation suspending the $31.4 trillion cap on U.S. debt until January 2025, after striking a deal with congressional Republicans with just two days to spare before the government was due to run short of the funding needed to cover all of its bills.  ( 6 min )
    Carnival stock jumps on analyst upgrade with cruise recovery 'now stable'
    Carnival stock soared on Monday as the cruise line got an upgrade to Buy from Neutral by Bank of America analysts. "The cruise recovery is now stable," Bank of America analyst Andrew Didora said.  ( 8 min )
    Morgan Stanley Says You Should ‘Play Defense' With These Income-Producing Assets
    Is it time to play defense? Economists have a fairly simple story to tell about the 2023 economy: things are weird. Inflation raged out of control in 2022, but has been falling in 2023. A volatile stock market remains below its … Continue reading → The post Morgan Stanley Says You Should ‘Play Defense' With These Income-Producing Assets appeared first on SmartAsset Blog.  ( 11 min )
    Adobe Stock Extends an AI Rally. Wall Street Is Bullish Ahead of Earnings.
    Analysts at Morgan Stanley, Jefferies, and Evercore ISI all raised their target prices on Adobe stock on Monday, citing the outlook for the software company's artificial-intelligence operations.  ( 22 min )
    CPI preview: Inflation expected to have cooled further in May ahead of Fed decision
    Investors will turn their attention to critical data that will help determine the future of Federal Reserve policy: The May Consumer Price Index.  ( 7 min )
    Analyst Report: United Airlines Holdings Inc
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    KeyCorp Stock Tumbles. Here’s Why It’s One of the S&P 500’s Leading Decliners.
    KeyCorp's chief financial officer shared revised guidance on net interest income for the second quarter, and investors aren't pleased.  ( 22 min )
    Warren Buffett Transformed His Neighbor's Life Savings Of $67,000 Into $400 Million
    In 1965, a middle-aged couple in Omaha, Nebraska, faced a common yet challenging predicament: how to effectively plan for retirement. Dorothy and Myer Kripke had diligently saved and received a modest inheritance, placing them well ahead of their peers in terms of retirement planning. By that year, their savings amounted to approximately $67,000, which, when adjusted for inflation, would equate to around $650,000 today. Don't Miss: Why Silicon Valley Elites Are Betting On This Startup’s Vision F  ( 8 min )
    Ark Invest's Cathie Wood Is Betting Big On AI With These 4 Stocks — Including One That Could Skyrocket 750%
    Ark Invest’s Cathie Wood is known for investing in disruptive innovation. The super investor has placed big bets on artificial intelligence (AI), which is widely regarded as one of the most disruptive and transformative technologies today. Speaking of AI stocks, it’s hard to ignore what Nvidia Corp. (NASDAQ: NVDA) has been doing. Shares of the chipmaking giant have surged 165% so far this year, and the company crossed $1 trillion in valuation at one point. Ark Invest’s flagship fund Ark Innovati  ( 9 min )
    GameStop Stock Rallies After Two Directors Bought Shares
    The stock fell about 18% on Thursday after the videogame company disclosed disappointing financial results and the firing of CEO Matt Furlong.  ( 22 min )
    Broadcom Might Receive European Approval For $61B VMware Deal, UBS Closes Credit Suisse Takeover, Illumina CEO Steps Down Amid Activist Investor Carl Icahn's Pressure: Today's Top Stories
    Reuters Broadcom Most Likely To Receive EU Approval For $61B VMware Merger In early May, U.S. chipmaker Broadcom Inc's (NASDAQ: AVGO) CEO Hock Tan proposed a pitch to EU antitrust enforcers regarding the pro-competitiveness of the proposed $61 billion bid for cloud computing firm VMware Inc (NASDAQ: VMW). Broadcom is set to gain conditional EU antitrust approval for its proposed acquisition of VMware. The European Commission's approval is linked to Broadcom's interoperability remedies to rivals  ( 9 min )
    Gen Z and millennials could retire as millionaires by doing this one simple thing, says renowned financial expert Suze Orman
    And delaying your journey by a mere 10 years could “cost you $700,000”.  ( 7 min )
    Broadcom Flexes Wireless Prowess With New Multifunction Chip
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    SoFi Is Just Getting Going. The Stock Is Rising.
    Truist analysts raise their price target on SoFi after initiating coverage of the stock at Buy last month.  ( 22 min )
    Oracle Stock Spikes as Analyst Turns Bullish, Predicts Market-Share Gains in Cloud
    A few hours before the company reports earnings, Wolfe Research analyst Alex Zukin lifted his rating to Outperform from Peer Perform.  ( 22 min )
    ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks
    Policymakers face a big challenge this week. The Fed will convene for its two-day policy meeting on June 13-14 (Tuesday/Wednesday) to determine whether another rate hike is required in its ongoing efforts to tame persistently high inflation. However, this time around, there might finally be a change in tune. “For much of last year the Fed was united about the need to lift rates into restrictive territory,” notes Raymond James’ CIO Larry Adam. “But after ten consecutive rate increases, we are sta  ( 11 min )
    Tesla upgraded, Nio downgraded: Wall Street's top analyst calls
    Tesla upgraded, Nio downgraded: Wall Street's top analyst calls  ( 8 min )
    Stocks open higher to kick off key week for US economy: Stock market news today
    Stocks were higher early Monday as investors await key data on inflation and the Fed's latest policy decision later this week.  ( 7 min )
    Nasdaq to Purchase Adenza From Thoma Bravo for $10.5 Billion
    (Bloomberg) -- Nasdaq Inc. has agreed to buy financial-software maker Adenza from its private equity owners in the exchange operator’s biggest-ever deal.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareGoldman’s Low US Recession Odds Get It Wrong, Bond Investors SayThe acquisition is  ( 7 min )
    EUR/USD Forecast – Euro Tests Top of Short-term Range
    The euro rallied a bit during the early hours on Monday, testing the top of a short-term consolidation range that we have been in.  ( 7 min )
    Credit Suisse Era Ends After UBS Takeover Becomes Official
    The deal marks the end of 167 years of independence for the troubled bank and the beginning of a new stretch in financial history with one dominant Swiss manager of money for the global elite.  ( 28 min )
    XPeng Stock Pops As Presales For Its Answer To The Tesla Model Y Surge
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    Nasdaq Stock Tumbles After $10.5 Billion Acquisition Announced
    Nasdaq shares were down around 10% in early trading Monday after the exchange operator said it agreed to acquire Adenza, a maker of software used by banks and brokerages, in a $10.5 billion cash-and-stock deal. The seller in the transaction is private-equity firm Thoma Bravo, which is poised to get  ( 19 min )
    Dollar-Cost Averaging vs. Lump Sum Investing: Which Makes The Most Sense?
    If you want to dip your toe into investing, it can be overwhelming. The terminology, risks and fees might make you want to just dump your funds in a savings account instead. But that would be a mistake – investing … Continue reading → The post Dollar-Cost Averaging vs. Lump Sum Investing appeared first on SmartAsset Blog.  ( 9 min )
    Why The Rest of Us Should Be Paying Attention to What Risk-Averse Investors Are Buying
    A risk-averse investor is someone who prefers to emphasize security over potential gains. Their portfolio is built to preserve capital and prevent losses first and pursue growth second. This isn't to say that risk-averse investors see no gains. This is … Continue reading → The post How to Be a Risk Averse Investor appeared first on SmartAsset Blog.  ( 9 min )
    Smile, it's a bull market in stocks!
    Certainly doesn't feel like a bull market in stocks.  ( 8 min )
    What Happens If My Bank Account Becomes Dormant?
    Using multiple bank accounts can be a good way to separate funds for different financial goals. However, if you forget about one of those accounts it could end up falling dormant. A dormant bank account is an account that registers … Continue reading → The post What Is a Dormant Bank Account? appeared first on SmartAsset Blog.  ( 9 min )
    The Stock Market Says the Fed Will Cut Rates Soon. It Just May Be Right.
    Volatile trading in the bond market reflects a less optimistic view. Investors there remain worried that high interest rates will damage the economy.  ( 22 min )
    This Company Makes Costco and Amazon’s Store Brands. Its Stock Could Climb 20%.
    TreeHouse Foods is the only major publicly traded pure play on increasingly popular private-label food products. The stock is cheap—but it might not stay that way for long.  ( 22 min )
    Carnival Stock Upgraded After Breakout. Analysts See Rising Tide For Cruise Lines
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    Dow Jones Futures Rise Ahead Of Inflation Data, Fed Meeting; AMD, Amazon Rally On Price-Target Hikes
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    A Stock’s Dividend Yield Isn’t Enough. Pay Attention to ‘Shareholder Yield.’
    There’s more to a stock’s cash returns than just the dividend, such as buybacks and debt paydowns. Together, they’re known as shareholder yield.  ( 22 min )
    Is Snowflake Stock A Buy Ahead Of Investor Day?
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    JPMorgan’s Bob Michele manages $700 billion— and today’s bull run reminds him of the calm before the Lehman collapse
    The current market rally is reminiscent of the immediate relief following JP Morgan's purchase of Bear Stearns in March 2008, six months before Lehman collapsed.  ( 9 min )
    Don’t Say It Too Loudly, But UBS Just Got a Steal of a Deal
    The political whirlwind its acquisition of Credit Suisse has stirred in Switzerland gives the country’s largest bank reasons to lowball its financial estimates.  ( 29 min )
    Cybersecurity Stocks To Watch As Gartner Forecasts Strong Spending
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    It's A New Bull Market! 13 Stocks Jump 30% Or More Every Time
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    Toyota Boss Faces Pushback Over EV Strategy in Shareholder Vote
    Toyota’s annual meeting this year has turned into a showdown over the merits of longtime leader Akio Toyoda’s electric-vehicle strategy.  ( 28 min )
    Weekly Stock List
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    China's Nio is cutting car prices to take on Tesla but is also ending free battery swaps
    Chinese e-carmaker Nio has slashed prices barely two months after saying that price wars in the EV market were a bad idea.  ( 8 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    JPMorgan agrees to settle with Epstein victim in class action suit
    JPMorgan Chase & Co agreed in principle to settle a class action lawsuit with a victim of Jeffrey Epstein, the bank said in a statement Monday. Litigation is still pending between the U.S. Virgin Islands and JPMorgan Chase, as are JPMorgan Chase’s claims against former executive Jes Staley, the bank said. "The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein’s terrible abuse," JPMorgan said.  ( 6 min )
    5 Things to Know Before Markets Open
    UBS completes its takeover of Credit Suisse and Biogen wins key FDA support for its Alzheimer's disease treatment. Here’s what investors need to know today.  ( 17 min )
    Multimillionaire Swedish pop star ripped for classist McDonald’s comments: ‘No one is lesser than you for working a fast food job’
    The pop star's comments have been condemned for mocking the working class.  ( 8 min )
    Daily – Vickers Top Buyers & Sellers for 06/12/2023
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    Analyst Report: Abercrombie & Fitch Co.
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    Analyst Report: Williams-Sonoma, Inc.
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    Analyst Report: DocuSign Inc
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    Fed meeting sets up for a close call, though central bank likely to pause
    The Fed's next move on interest rates will likely be a game-time decision on Wednesday.  ( 9 min )
    Nasdaq to Acquire Financial-Software Firm Adenza for $10.5 Billion
    Nasdaq has agreed to acquire Adenza, a maker of software used by banks and brokerages, in a $10.5 billion cash-and-stock deal.  ( 28 min )
    Daily – Vickers Top Insider Picks for 06/12/2023
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    Goldman Cuts Oil-Price Forecast as Saudi Gains Unravel
    One of the biggest oil bulls is growing less bullish as the crude market runs into renewed pressure. Goldman Sachs cut its end-of-year outlook for Brent crude to $86 a barrel, from $95. Brent futures fell around 2% Monday to just over $73 a barrel. Goldman Sachs forecast a big rally in  ( 20 min )
    Credit Suisse Era Ends After UBS Takeover Becomes Official
    Live updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite  ( 19 min )
    Market Digest: ANF, D, WSM, DOCU
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    Chinook Therapeutics Stock Surges After Novartis Agrees $3.5 Billion Deal
    Chinook said it has entered an agreement to be acquired by Novartis for $40 per share in cash, with additional cash contingent on regulatory progress with astrasentan, its kidney disease drug candidate.  ( 22 min )
    Explainer-Why is the Canadian economy strong despite record pace of rate hikes?
    Despite the fastest monetary tightening cycle in the country's history, Canada's economy is still running hot, which forced the central bank to crank its key interest rate even higher to a 22-year high of 4.75% last week. Analysts are betting on another rate hike in July, to help the Bank of Canada bring inflation back down to its 2% range. Many of Canada's major banks allowed holders of variable rate mortgages to extend their amortization period in order to keep their payments at nearly the same level, temporarily blunting the impact of higher borrowing costs.  ( 7 min )
    Recession risks still loom for markets calmer after banking turmoil
    "We are heading for a downturn and it varies region to region," said Benjamin Jones, director of macro research at Invesco. The World Bank just raised its 2023 outlook as the U.S. and other major economies have proven more resilient than forecast, though it said this year will still mark one of the slowest for growth in the last five decades. Goldman Sachs lowered its odds of a U.S. recession in the next year to 25% from an already below consensus 35%, given easing banking sector stress and the debt ceiling deal which it sees resulting in only small spending cuts.  ( 8 min )
    Markets in a spin ahead of interest rate decisions
    In short, investors are biding their time - with May U.S. inflation data on Tuesday, released as the U.S. Federal Reserve kicks off a two-day meeting, event risk is high. The Fed is widely expected to "skip", note, not "pause" hiking rates in June when it concludes its meeting on Wednesday. The European Central Bank is tipped to deliver a quarter-point rate hike on Thursday, while on Friday the Bank of Japan is expected to maintain ultra-loose monetary policy.  ( 8 min )
    Oil Prices Decline on Concerns Demand Is Weakening
    Oil prices slipped early Monday on concerns about global demand. Brent crude, the international benchmark, declined 2.4% to $72.97 a barrel. West Texas Intermediate, the U.S. standard, fell 2.8% to $68.20 a barrel. Both contracts declined for a second consecutive week last week. Crude prices have  ( 26 min )
    Nvidia Can Handle Being in the Trillion Dollar Club
    Generative AI demand will persist, while the chip maker’s competitive edge should keep its pricing strong.  ( 29 min )
    Stocks to Watch Monday: Biogen, Tesla, Illumina, Oracle
    ↗️ Biogen (BIIB): The biotech company's shares rose nearly 4% premarket after an advisory committee [recommended the Food and Drug Administration approve Leqembi](https://investors.biogen.com/news-releases/news-release-details/fda-advisory-commi  ( 19 min )
    What’s Ahead for Bitcoin and Coinbase as the SEC Cracks Down on the Industry
    The leading U.S. financial regulator took aim at two of the largest crypto exchanges this week, charging Binance and Coinbase Global.  ( 22 min )
    Glencore Offers to Buy Teck Resources’ Coal Assets. It’s the Deal That Won’t Go Away.
    Teck has already rejected two full takeover bids from Glencore, and said last week that it has received several offers for its coal unit.  ( 22 min )
    Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
    EU antitrust regulators are set to approve with conditions U.S. chipmaker Broadcom's $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said. The European Commission's approval is conditional on Broadcom offering interoperability remedies to rivals to address competition concerns, the people said.  ( 6 min )
    Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
    (Bloomberg) -- Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that bolsters the case for a pause in their tightening campaign this week.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareGoldman’s Low US Recession Odds  ( 9 min )
    These Stocks Are Moving the Most Today: Biogen, Salesforce, Oracle, Chinook, Illumina, and More
    Biogen stock rises after an advisory committee of the Food and Drug Administration votes in favor of approving the biotech company's Alzheimer’s drug, Salesforce is hosting an AI event, Oracle will report earnings, and Chinook Therapeutics will be acquired by Novartis.  ( 22 min )
    Credit Suisse's Exit From Stock Benchmark Shows Fading Heft of Swiss Financials
    (Bloomberg) -- Credit Suisse Group AG’s imminent exit from the Swiss Market Index is symbolic of the decreasing importance of financial companies to the country’s stock market.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaUBS Completes Credit Suisse Takeover to Create Bank TitanAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareGoldman’s Low US Recession Odds Get It Wrong, Bond Investors  ( 7 min )
    U.S. Stock Futures Rise as Fed Prepares a Pause
    U.S. stock futures advanced early on Monday as the Federal Reserve prepares to pause its campaign of interest-rate increases for the first time in more than a year. The Dow Jones Industrial Average contracts added 0.2%, or 56 points, to 34,260. The S&P 500 rose 0.3%, and the technology-heavy Nasdaq  ( 23 min )
    UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil
    UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country's two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and choke off market turmoil. A statement from the bank said that “UBS has completed the acquisition of Credit Suisse today, crossing an important milestone."  ( 6 min )
    Novartis Makes $3.5 Billion Bet on Chinook’s Rare Disease Drugs
    (Bloomberg) -- Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising treatments for a rare kidney disease that are currently in late-stage trials.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon  ( 7 min )
    Berkshire Hathaway Stock Soars to a High. Hain Celestial Feels the Pain.
    Warren Buffett’s company saw both classes of its shares set intraday 52-week highs in the past week, while shares of Hain, a maker of organic and natural products, dove to a more-than-decade low.  ( 22 min )
    4 big analyst cuts: Tesla trimmed, but still a buy; Nio slapped with 2 downgrades
    Nomura/Instinet downgraded the company to Neutral from Buy and cut its price target to $7.50 from $25.80. Meanwhile, CMB International Securities downgraded to Hold from Buy and cut its price target to $8.50 from $21.00.  ( 7 min )
    Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff
    (Bloomberg) -- Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US Securities and Exchange Commission weighed on sentiment.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Stur  ( 8 min )
    Oracle Earnings Day Is Here. The Focus is on Cloud and AI.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 21 min )
    Explainer-UBS has Swiss mountain to climb with Credit Suisse
    With its Credit Suisse takeover officially wrapped up, UBS must now make good on its promise that the government-orchestrated rescue will deliver both for shareholders and Swiss taxpayers. Arranged over a weekend in March to stave off a broader banking crisis, and backed by up to 250 billion Swiss francs ($281 billion) in public funds - the tie-up now poses huge challenges and potential rewards for Switzerland and its biggest bank. Switzerland must now contend with a bank whose balance sheet is twice as big as its economy, while Sergio Ermotti, who was brought back in as CEO to oversee the mega merger, faces tough strategic decisions as UBS integrates its smaller rival against an uncertain economic backdrop.  ( 9 min )
    The Stock Market Says the Fed Will Cut Rates Soon. It Just May Be Right.
    Volatile trading in the bond market reflects a less optimistic view. Investors there remain worried that high interest rates will damage the economy.  ( 25 min )
    UBS completes Credit Suisse takeover to become wealth management behemoth
    UBS on Monday said it completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater muscle in wealth management. Commenting on the biggest banking deal since the 2008 global financial crisis, UBS CEO Sergio Ermotti and Chairman Colm Kelleher said "this is the start of a new chapter" in an open letter published in Swiss newspapers. The group will oversee $5 trillion of assets giving UBS, the world's largest wealth manager, a leading position in key markets it would otherwise have needed years to grow in size and reach.  ( 7 min )
    Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
    (Bloomberg) -- The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs Group Inc. strategists said in a report raising their year-end target for the S&P 500.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeThere’s More Troubl  ( 8 min )
    Oracle Earnings Day Is Here. The Focus is on Cloud and AI.
    Oracle shares have been on fire as the market begins to see the company as a major play on artificial intelligence.  ( 22 min )
    China's property sector set to be persistently weak for years -Goldman
    China's property sector is expected to grapple with "persistent weakness" for years, Goldman Sachs analysts said, adding that its problems would continue to drag on the country's economic growth. Weaknesses are particularly pronounced in lower-tier cities and private developer financing, they said in a client note, adding that policymakers, who have vowed not to use the sector as a short-term lever to spur growth, seem keen for there to be less economic and fiscal reliance on the industry. "As such, we only assume an 'L-shaped' recovery in the property sector in coming years," the note said.  ( 7 min )
    Nio Cuts Prices on All Electric Vehicles by $4,200 in China
    (Bloomberg) -- Electric-vehicle maker Nio Inc. slashed starting prices on all of its models in China by 30,000 yuan ($4,200), days after reporting a worse-than-expected quarterly loss.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested  ( 7 min )
    Jerome Powell’s Big Problem Just Got Even More Complicated
    The central bank aims to avert financial instability while also fighting inflation—predicaments that frequently call for opposite policies.  ( 24 min )
    Chinese tech groups suffer as foreign investors take flight
    Geopolitical tension and poor economic recovery drive stock price falls and funding shortages  ( 11 min )
    Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
    (Bloomberg) -- Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation is far from done. Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeThere’s More Trouble Coming for Regional Banks Leveraged investors b  ( 8 min )
    Asian Equities Mixed as Traders Eye Rate Decisions: Markets Wrap
    (Bloomberg) -- Asian stocks were set for a cautious open while major currencies traded in narrow ranges early Monday as traders braced for a week that brings interest rate decisions from the US and Europe to China and Japan.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey  ( 8 min )
    China's Nio cuts prices, ends free battery swapping as sales slide
    China's electric vehicle maker Nio said on Monday it would cut prices by 30,000 yuan ($4,198.74) for all models including its revamped ES6 and ES8 sports utility vehicles from June 12. Nio would no longer provide free battery swapping services to new buyers, the company also said in the same statement. ($1 = 7.1450 Chinese yuan renminbi)  ( 6 min )
    China struggles with weak post-COVID economic recovery
    Sales of Yizhuan Automobile Co.’s trash trucks picked up after China ended anti-virus controls in December, but their growth is in low gear as managers struggle to rebuild business lost during the pandemic. China’s economy rebounded at the start of 2023, but after a good first quarter, factory output and consumer spending are weakening. Yizhuan’s sales are up only by single-digit percentages from last year's depressed level, according to its deputy general manager, Yu Xiongli.  ( 9 min )
    Bank of Korea Warns of Financial Risk as Real Estate Loans Fail
    (Bloomberg) -- Bank of Korea Governor Rhee Chang-yong flagged growing financial sector risks amid a rise in real estate loan delinquencies— even as the broader housing market slowly recovers.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sacked From His Hedge Fund Firm A  ( 6 min )
    Oil edges lower ahead of Fed meeting
    Oil prices edged lower on Monday ahead of a Federal Reserve meeting as investors try to gauge the central bank's appetite for further rate hikes, while concerns about China's fuel demand growth and rising Russian crude supply weighed on the market. Brent crude futures fell 29 cents, or 0.4%, to $74.50 a barrel by 0058 GMT. U.S. West Texas Intermediate (WTI) crude was at $69.93 a barrel, down 24 cents, or 0.3%.  ( 7 min )
    Gold listless as markets strap in for Fed verdict
    (Reuters) -Gold prices dipped on Monday as the U.S. dollar edged higher, and investors positioned for a series of major central bank policy meetings this week, with a likely pause in interest rate hikes by the U.S. Federal Reserve. "While the Fed is expected to hold their interest rate, they are unlikely to deliver a dovish undertone required to tempt gold bulls back to the table in a meaningful way," said Matt Simpson, senior market analyst at City Index. Gold prices climbed 0.7% for the week ended Friday, helped by a more-than-1% jump on Thursday after a surge in U.S. weekly jobless claims.  ( 7 min )
    Billionaires Steve Cohen and Ken Griffin Have One Thing in Common: They Both Like These 2 ‘Strong Buy’ Stocks
    Is there a right way to invest? Not really. Each person has their own individual style, but what ultimately matters are the results. This holds especially true in the realm of investing, where even the most successful stock pickers on Wall Street employ diverse strategies to achieve their goals. And what are those goals? Big returns, of course. Take Billionaires Steve Cohen and Ken Griffin, for example. Both have had incredible careers, but each’s route to riches has been distinct. Griffin, who  ( 10 min )
    Oil Extends Losses on Demand Woes as Goldman Cuts Outlook Again
    (Bloomberg) -- Oil held losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price forecast again.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sacked From His Hedge Fund Firm After Assault AllegationsBrent futures traded below $  ( 7 min )
    Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
    (Bloomberg) -- Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the best way to rein them in, according to Bloomberg’s latest poll of professional and retail investors.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeOdey Sac  ( 9 min )
  • Open

    Internal Rate of Return (IRR) Rule: Definition and Example
    The internal rate of return (IRR) rule is a guideline for evaluating whether a project or investment is worth pursuing.  ( 24 min )
    Top CD Rates Today, June 12, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Why Many of Today’s Best CD Rates Are Found at Online Banks
    The nature of online banks enables them to pay higher rates than traditional banks, with the same federally insured safety.  ( 17 min )
    Top 10 Features of a Profitable Rental Property
    It takes sleuthing skills to track down the right property in the right neighborhood. Here are some key factors to consider when shopping for an investment property.  ( 28 min )
    Brokered CD Rates Offer Higher Rates—and Higher Risk
    Brokered CDs generally offer higher yields than traditional offerings, but they carry more risk. Find out what a brokered CD is and whether it's right for you.  ( 17 min )
    Calendar Year Experience Definition
    Calendar year experience is the difference between the premiums earned and losses incurred (but not necessarily occurring) within a 12-month period.  ( 18 min )
    Here’s How Much You Could Earn Investing $5,000 in a CD Today
    The best rates on a CD today that accepts a $5,000 deposit range from 4.70% to 5.50% APY. Investing $5,000 in a 2-year CD right now could earn you close to $500 in interest.  ( 17 min )
    Dow Jones Today: Index Climbs Ahead of Fed Decision
    The Dow Jones Industrial Average was higher by more than 180 points, marking five straight sessions in the green  ( 17 min )
    Markets Advance on Optimism Fed Policymakers Will Skip a Rate Hike at This Week's Meeting
    Markets gained on Monday, June 12, 2023 on expectations that Fed policymakers will skip a rate hike at this week's meeting.  ( 17 min )
    Will FDIC Insurance Limits Go Up This Year?
    Members of Congress and bankers have called for an increase in deposit insurance limits, though so far there’s no consensus on how to do it or by how much.  ( 17 min )
    Predatory Lending Laws: What You Need to Know
    A mix of federal and state laws protect borrowers from predatory lenders, including by capping interest rates or banning discrimination.  ( 30 min )
    What Is a Secured Loan? How They Work, Types, and How to Get One
    Secured loans are loans that require collateral to borrow. Here’s how secured loans work and where to find them.  ( 23 min )
    JP Morgan vs. Goldman Sachs: Performance and Outlook
    JP Morgan and Goldman Sachs are competing investment banks specializing in asset management and advisory services in the U.S. and globally.  ( 20 min )
    Why You Should Open a High-Yield Savings Account Right Now
    Today’s high interest rates mean you can earn outsized yields on savings deposits. See how to take advantage by opening a high-yield savings account.  ( 16 min )
    Short-Term Inflation Outlook Drops to the Lowest Level in Two Years
    Consumers' short-term inflation outlook fell in May to the lowest level in two years, according to the New York Fed.  ( 16 min )
    Logistics: What It Means and How Businesses Use It
    Logistics is the overall process of managing the way resources are obtained, stored, and moved to the locations where they are required. Learn more about how it works.  ( 21 min )
    Subsidies: Definition, How They Work, Pros and Cons
    A subsidy is a benefit given by the government to groups or individuals, usually in the form of a cash payment or tax reduction.  ( 27 min )
    Tesla Shares Set a Record as Several EV Charging Firms Add Tesla Connectors
    Tesla's stock price rose on Monday for the 12th straight session, in its longest winning streak on record after several EV charging station firms added Tesla's connectors.  ( 17 min )
    Cash Reserve Account or Savings Account: Which Is Better for Your Money Right Now?
    Brokerage cash management and high-yield savings accounts may both offer straightforward transfer options, so it comes down to which provides the best rate.  ( 17 min )
    Will Bouncing a Check Damage My Credit Score?
    A bounced check will not directly affect your credit score, but it can damage your financial standing in other ways.  ( 20 min )
    Bread Savings CD Rates: June 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 19 min )
    Purchasing Managers' Index (PMI) Defined and How It Works
    The Purchasing Managers' Index (PMI) is an indicator of economic health for manufacturing and service sectors.  ( 24 min )
    Contingent Convertibles (CoCos): Definition and Use in Europe
    Contingent convertibles (CoCos) are similar to traditional convertible bonds in that there is a strike price, which is the cost of the stock when the bond converts into stock.  ( 28 min )
    4 Ways to Hedge Against the Next Recession
    Recessions are known to batter investment portfolios, although there are several ways to better weather the storm and reduce volatility.  ( 25 min )
    Nostro Account Definition
    A nostro account is a bank account held in another country by a domestic bank, denominated in the currency of the overseas country.  ( 22 min )
    What Are the Types of Costs in Cost Accounting?
    Cost accounting aids in decision-making by helping a company's management evaluate its costs. These are the different costs evaluated in cost accounting.  ( 23 min )
    Jumbo CD vs. Regular CD Rate: Which Is the Smarter Option Right Now?
    Jumbo CDs offer higher interest rates on half of the terms we track right now, but overall, the rates are very comparable to regular CDs. So, it's smart to shop around.  ( 17 min )
    The Top Three Benefits of a High-Yield Savings Account
    A high-yield savings account can make your money go further. Find out the top benefits and how to choose an account that’s right for you.  ( 17 min )
    Answers to Common Savings Questions
    From automating transactions to finding the right savings vehicle, here are the key things to know about managing your savings.  ( 17 min )
    4 Key Factors That Drive the Real Estate Market
    Whether you invest directly or indirectly in property, you need to know the factors that can affect the real estate market and related real estate investments.  ( 24 min )
    Are Today's Top Money Market Account Interest Rates Better Than Savings Account Rates?
    The highest rate on a money market account right now is 5.25%, which is higher than the top savings account rate of 5.12% APY. Both pay at least nine times the national average rate.  ( 17 min )
    What Is Debt Consolidation and When Is It a Good Idea?
    Debt consolidation is combining several loans into one new loan, often with a lower interest rate. It can reduce your borrowing costs but also has some pitfalls.  ( 27 min )
    What Do Regional Bank Failures Mean for CD Rates?
    The collapse of Silicon Valley, Signature, and First Republic regional banks in March and May put upward pressure on CD rates, experts say.  ( 14 min )
    Gamma Neutral Definition
    Gamma neutral hedging is an option risk management technique such that the total gamma value of a position is near zero.  ( 18 min )
    Hypothesis to Be Tested: Definition and 4 Steps for Testing With Example
    Hypothesis testing is the process that an analyst uses to test a statistical hypothesis. The methodology employed by the analyst depends on the nature of the data used and the reason for the analysis.  ( 22 min )
    Analysis of Variance (ANOVA) Explanation, Formula, and Applications
    Analysis of variance (ANOVA) is a statistical analysis tool that separates the total variability found within a data set into two components: random and systematic factors.  ( 23 min )
    Schaff Trend Cycle Indicator: How it Compares to MACD
    Learn the Schaff Trend Cycle Indicator as well as the similarities and differences to the MACD  ( 25 min )
    Continuous Compounding Definition and Formula
    Continuous compounding is the process of calculating interest and reinvesting it into an account's balance over an infinite number of periods.  ( 19 min )
    Father's Day Retail Spending Could Reach Record-High $22.9 Billion
    Gift-givers plan to spend almost $200 on average to celebrate the dads and father figures in their lives.  ( 16 min )
    Gross Profit Margin (GP): Formula for How to Calculate and What GP Tells You
    The gross profit margin is a metric used to assess a firm's financial health and is equal to revenue less cost of goods sold as a percent of total revenue.  ( 19 min )
    Cryptocurrencies To Watch: Week of June 12
    This week’s cryptocurrencies to keep an eye on are PAX Gold (PAXG), XRP (XRP), Bitcoin (BTC), Monero (XMR), and Gnosis (GNO).  ( 18 min )
    Double Entry: What It Means in Accounting and How It's Used
    Double entry is an accounting term stating that every financial transaction has equal and opposite effects in at least two different accounts.  ( 27 min )
    Markets Gain Amid Anticipation of a Fed Rate Hike Pause
    U.S. equities were up at midday on Monday, June 12, 2023 amid optimism the Fed will pause its rate hike cycle.  ( 16 min )
    FDIC Floats Proposal of Higher Insurance for Business Bank Accounts
    In the future, businesses would be able to bank with little to no fear of losing all their money if their bank fails, if reforms suggested by the Federal Deposit Insurance Corporation become reality.  ( 18 min )
    Chinook Therapeutics Shares Soar on Novartis Purchase
    Novartis agreed to buy Chinook Therapeutics for up to $3.5 billion.  ( 16 min )
    Nasdaq Buys Adenza From Thoma Bravo in Its Biggest Purchase Ever
    Nasdaq agreed to buy software firm Adenza for $10.5 billion, expanding Nasdaq's reach into fintech.  ( 16 min )
    The Basic Economic Effects World War II Had on the Global Economy
    Understand the effect of World War II on a nation's gross domestic product, and what foreign and domestic factors influenced this change post-war.  ( 19 min )
    30-Year Mortgage Rates Tick Up to New June High
    Rates on 30-year mortgages ticked up to 7.26% on Friday, the highest we've seen them in June. Other rates also rose, including the jumbo 30-year, which gained 12 basis points.  ( 19 min )
    Risk Management Techniques for Active Traders
    Managing risk can be a big challenge even for the most seasoned trader. Read on to learn how you can manage risk through the use of stop-loss and take-profit points.  ( 24 min )
    Riding the Skinny Bull Market From the Floor of the NYSE
    Jay Woods, NYSE veteran and Chief Global Strategist for Freedom Capital Markets, joins the Express from the floor of the NYSE to examine the new bull market. It looks a little thin, but it is showing signs of strengthening.  ( 18 min )
    What Are Swaps?
    Learn how these derivatives work and how companies can benefit from them.  ( 27 min )
    Expected Value Definition, Formula, and Examples
    Expected value is the anticipated value for an investment at some point in the future and is an important concept for investors seeking to balance risk with reward.  ( 20 min )
    Long Run: Definition, How It Works, and Example
    The long run refers to a period of time where all factors of production and costs are variable, and the goal is to produce at the lowest cost.  ( 23 min )
    Term of the Day: CD Ladder
    With the upcoming FOMC meeting and interest rates being in flux, the CD ladder is a low-risk savings vehicle with above-average interest rates, FDIC insurance protection, and reasonably liquid access to funds.  ( 17 min )
    5 Things to Know Before Markets Open
    UBS completes its takeover of Credit Suisse and Biogen wins key FDA support for its Alzheimer's disease treatment. Here’s what investors need to know today.  ( 17 min )
    What Is Share Capital? Definition, How It Works, and Types
    Share capital is the money a company raises by issuing shares of common or preferred stock. The total is listed in the company's balance sheet.  ( 22 min )
    What Does Ex-Dividend Mean, and What Are the Key Dates?
    Ex-dividend is a classification in stock trading that indicates when a declared dividend belongs to the seller rather than the buyer.  ( 24 min )
    Who Is Ann S. Moore? What Is Ann S. Moore Known for?
    Ann S. Moore is most famous as the first female CEO of magazine company Time, Inc. until it was acquired by Meredith Corporation in February 2018.  ( 21 min )
    Who Is Larry Ellison? What Is He Famous For?
    As founder and CEO of software giant Oracle, Larry Ellison built the company that revolutionized how businesses access and use data.  ( 23 min )
  • Open

    Russische buurlanden zijn opvallend happig op Nederlandse goederen
    De export van Nederlandse goederen naar landen die dicht bij Rusland liggen, is vorig jaar ruim verdubbeld. Het gaat om onder meer trucks en bussen, maar ook om bloemen en planten. De uitvoer naar Rusland zelf viel juist flink terug.  ( 4 min )
    EU wil strengere regels voor bedrijven die met zzp'ers werken
    Platformbedrijven als Uber en Deliveroo die met zelfstandigen werken, krijgen meer regels vanuit Brussel. Daarover hebben de EU-lidstaten maandag een akkoord bereikt. De regels moeten het moeilijker maken om personeel als zelfstandige te laten werken als medewerkers dat niet willen. De bedrijven zelf zijn kritisch.  ( 5 min )
    Oekraïense vluchteling krast half miljoen euro in Belgische loterij
    Een vluchteling uit Oekraïne heeft 500.000 euro gewonnen met een kraskaart in België. Dat heeft de Belgische loterij bekendgemaakt.  ( 3 min )
    Grootste bank in de VS betaalt slachtoffers Jeffrey Epstein
    De Amerikaanse bank JP Morgan Chase heeft met de slachtoffers van Jeffrey Epstein overeenstemming bereikt voor schadevergoedingen. Dat heeft de bank samen met de advocaten van de slachtoffers bekendgemaakt.  ( 3 min )
    Groot deel van Reddit op zwart door massale protesten van fora
    Op het grote discussieplatform Reddit gaan groepen met tientallen miljoenen leden maandag en dinsdag op zwart. Deze subreddits protesteren tegen nieuw beleid van het platform dat appontwikkelaars met torenhoge kosten opzadelt.  ( 5 min )
    Multimiljardair George Soros (92) draagt zaak over aan zijn zoon
    De 92-jarige multimiljardair, superbelegger en filantroop George Soros draagt zijn imperium over aan zijn 37-jarige zoon Alex. Volgens de Hongaars-Amerikaanse Soros heeft zijn zoon het recht verdiend om het fortuin te beheren, zo zegt hij tegen The Wall Street Journal.  ( 3 min )
    Tweede Kaagbaan op Schiphol gaat definitief niet door
    Er komt definitie geen tweede Kaagbaan op luchthaven Schiphol. Minister Mark Harbers (Infrastructuur) heeft maandag besloten om de reservering op een stuk grond in de gemeente Haarlemmermeer op te heffen.  ( 3 min )
    Lonen schieten verder omhoog, bedrijven gaan bezuinigen
    In de cao's die afgelopen maand zijn afgesloten, gaan de lonen met gemiddeld 8,2 procent omhoog. Dat is voor de werkgevers reden tot zorg, zegt werkgeversorganisatie AWVN. Bedrijven zullen daardoor gaan bezuinigen.  ( 3 min )
    Vaker pauze of een tropenrooster helpt bij werken in de hitte
    Na een weekend met warm weer zijn de meeste mensen nu weer aan de slag. Sommigen zoeken de airco op kantoor op, anderen rommelen thuis aan met ventilatoren en flessen bevroren water. Ondertussen wordt druk overlegd over het aanpassen van roosters of verschuiven van werkzaamheden.  ( 5 min )
    UBS rondt overname van voormalige rivaal af
    De Zwitserse bank UBS heeft de overname van zijn voormalige rivaal Credit Suisse afgerond. Door de overname is een van de grootste vermogensbeheerders ter wereld ontstaan. Daarmee is een einde gekomen aan het 167-jarige onafhankelijke bestaan van Credit Suisse.  ( 3 min )
    We hebben 166 beroepen met een tekort aan mensen
    De krapte op de arbeidsmarkt is ongekend. Ons land heeft momenteel 166 beroepen met een tekort aan arbeidskrachten, zo blijkt uit een analyse van uitkeringsinstantie UWV.  ( 3 min )
    Meer bedrijven failliet in mei, vooral in de handel en bouw
    Het aantal faillissementen is in mei opnieuw opgelopen. Afgelopen maand werden zestien bedrijven meer failliet verklaard dan in april. Dat is een stijging van 7 procent. Vooral in de handel en de bouw gingen bedrijven op de fles.  ( 3 min )
    Omrijden voor goedkope benzine loont weer door hogere accijns
    Benzine en diesel worden binnenkort fors duurder door hogere accijnzen. Daarmee worden de prijsverschillen met tankstations in Duitsland en België groter. Dat geldt ook voor de pomp in Luxemburg onderweg naar je vakantiebestemming. Omrijden gaat voor veel automobilisten weer lonen, maar reken je niet rijk.  ( 6 min )
    Tanken over de grens weer interessant door hogere accijnzen
    Benzine en diesel worden binnenkort fors duurder door hogere accijnzen. Daarmee worden de prijsverschillen met tankstations in Duitsland en België groter. Dat geldt ook voor de pomp in Luxemburg onderweg naar je vakantiebestemming. Omrijden gaat voor veel automobilisten weer lonen, maar reken je niet rijk.  ( 5 min )
  • Open

    Markets Gain Amid Anticipation of a Fed Rate Hike Pause
    U.S. equities were up at midday on Monday, June 12, 2023 amid optimism the Fed will pause its rate hike cycle.  ( 1 min )
    5 Things to Know Before Markets Open
    UBS completes its takeover of Credit Suisse and Biogen wins key FDA support for its Alzheimer's disease treatment. Here’s what investors need to know today.  ( 1 min )
  • Open

    Chinook Therapeutics Shares Soar on Novartis Purchase
    Novartis agreed to buy Chinook Therapeutics for up to $3.5 billion.  ( 1 min )
    Nasdaq Buys Adenza From Thoma Bravo in Its Biggest Purchase Ever
    Nasdaq agreed to buy software firm Adenza for $10.5 billion, expanding Nasdaq's reach into fintech.  ( 1 min )

  • Open

    Introduction to Elliott Wave Theory
    Acquaint yourself with Elliott Wave Theory, the principle built on the observation that stock markets do not behave in a chaotic manner.  ( 24 min )
    IESE Business School Definition
    IESE Business School is a graduate business school located at the University of Navarra in Barcelona, Spain.  ( 19 min )
    Should You Buy Property on Leased Land?
    Here are some things for you to consider before investing in a leased-land property should the opportunity arise.  ( 23 min )
    Time Draft
    A time draft is a form of short-term credit used for financing transactions of goods in international trade with a bank standing between the two parties.  ( 18 min )
    Brand: Types of Brands and How to Create a Successful Brand Identity
    A brand is a unique identity for a product and service that is created to distinguish it from its competitors. Learn why creating a brand is critical to successful marketing.  ( 29 min )
    Credit Reporting Agency Definition
    A credit reporting agency is a business that maintains historical credit information on individuals and businesses. Learn how credit reporting agencies work.  ( 21 min )
    Form 1098: Mortgage Interest Statement and How to File
    Form 1098 is an IRS form used by taxpayers to report the amount of interest and related expenses paid on a mortgage during the tax year when the amount totals $600 or more.  ( 26 min )
    5 Basic Methods for Risk Management
    The basic methods for risk management can apply to all facets of an individual's life—especially health—and can pay off in the long run.  ( 21 min )
    Winsorized Mean: Formula, Examples and Meaning
    Winsorized mean is an averaging method that involves replacing the smallest and largest values of a data set with the observations closest to them.  ( 18 min )
    Constructive Receipt: Definition, How It Works, Example
    Constructive receipt is when cash has not been physically received, but the individual or business can still control or utilize the money.  ( 19 min )
    What Are the Most Famous Monopolies?
    Without market competition, the most famous monopolies in history effectively set the national price for the goods and services they monopolized.  ( 24 min )
    Which States Don’t Tax Social Security Benefits?
    Of the 50 U.S. states, 39 and the District of Columbia do not levy a tax on Social Security benefits.  ( 30 min )
    Durbin Amendment Definition
    A federal measure called the Durbin Amendment introduced limits on transaction fees collected when debit card purchases are made.  ( 20 min )
    Data Analyst: Career Path and Qualifications
    Explore the opportunities for data analysts. Learn about skills, qualifications, career paths, salaries, and more.  ( 22 min )
    Buying a Home: 8 Disclosures Sellers Must Make
    If you're selling a home and don't tell potential buyers about potential issues and hazards, you could end up in court. Here's how to stay out of trouble.  ( 27 min )
    Cost Per Thousand (CPM) Definition and Its Role in Marketing
    Cost per thousand or CPM is a marketing term that's used to denote the cost an advertiser pays per one thousand advertisement impressions on a web page.  ( 23 min )
    The Ins and Outs of Seller-Financed Real Estate Deals
    A mortgage isn't the only way to finance a home. One alternative is seller financing, where the seller takes on the role of lender. Learn how it works.  ( 27 min )
    Calculate Depreciation: Methods and Interpretation
    Depreciation accounts for decreases in the value of a company’s assets over time. Learn about different methods of calculating depreciation expenses.  ( 22 min )
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 28 min )
    Theranos: A Fallen Unicorn
    The saga of Theranos, a unicorn biotech startup, and its enigmatic CEO, Elizabeth Holmes, from the rise to the fall and its aftermath.  ( 25 min )
    Millennials Guide: Picking the Right Car Insurance
    Millennials fall into the category of high car insurance rates but this guide will help you find the best auto policy to suit your needs and pocketbook. Check out some of the ways to save money, like owning an older car or leasing a vehicle.  ( 22 min )
    Introduction to Accounting Information Systems – AIS
    Learn what an accounting information system (AIS) is and the six main parts of this indispensable business asset for managing a company's financial data.  ( 29 min )
    How and Why Google Glass Failed
    While Google Glass is off the market for now, the invention, which was a shot in the dark, never wanted to save the world—it just wanted to help.  ( 19 min )
    Top Communications Stocks for June 2023
    Vodafone Group, InterDigital, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Millennial Homeownership Still Lagging Behind Previous Generations
    Millennials are buying homes at a lower rate than generations before, with high housing prices, the lack of entry-level homes, and the dearth of new builds particularly impacting millennials.  ( 22 min )
    Copyright Explained: Definition, Types, and How It Works
    Copyright is the exclusive right that the owner of an intellectual property has to that property. It protects a creator's work from unauthorized duplication or use.  ( 22 min )
    Return on Investment vs. Internal Rate of Return: What's the Difference?
    Internal rate of return (IRR) and return on investment (ROI) are two popular ways to measure the success of investments. Learn the differences between them.  ( 23 min )
  • Open

    Paul Graham says remote work ‘does work initially,’ which is why it ‘fooled’ leaders who have since ‘changed their minds’
    "Remote work does work initially, if you start with a system already healthy from in-person work," said the Y Combinator cofounder.  ( 7 min )
    Stocks Poised for Muted Open
    The Bureau of Labor Statistics will report the May consumer price index on Tuesday, and the Federal Open Market Committee makes its monetary-policy decision on Wednesday.  ( 22 min )
    Which States Don’t Tax Social Security Benefits?
    Of the 50 U.S. states, 39 and the District of Columbia do not levy a tax on Social Security benefits.  ( 30 min )
    5 Solar Stocks For Long-Term Gains
    Amidst decreasing solar material costs and increased investment in the solar sector, this article highlights five promising solar stocks for long-term investors to consider.  ( 11 min )
    UBS to impose restrictions on Credit Suisse bankers after takeover complete, FT says
    Bloomberg News reported on Saturday that the emergency takeover of Credit Suisse by UBS will close on Monday. UBS has come up with a list of nearly two dozen "red lines" that prohibit Credit Suisse staff from a range of activities, which include taking on clients from countries such as Libya, Russia, Sudan and Venezuela and launching new products without approval from UBS managers, the FT report added. Credit Suisse declined to comment, while UBS did not immediately respond to a Reuters request for comment.  ( 7 min )
    These bellwether stocks have flashed a larger market signal of underlying economic strength
    No content preview
    Tesla fuels an EV charging standards war
    Two legacy U.S. automakers deciding to integrate Tesla charging tech into their next-generation of EVs, starting in 2025. As TC's Rebecca Bellen reported, when Tesla announced last year it would share its EV charging connector design to encourage automakers to adopt the technology and help make it the new standard in North America, few, if any, predicted competitors would bite. Now, it seems that the Tesla standard — dubbed the North American Charging Standard — is gaining some ground.  ( 12 min )
    Home Depot, Adobe, Oracle, the Fed, Inflation, and More to Watch This Week
    The Federal Reserve is expected to pause interest-rate increases. Plus, May CPI inflation is expected to slow. And we’ll see earnings reports from Oracle, Adobe, Lennar, and Kroger.  ( 22 min )
    Crop Trader Bunge Is Said to Near Deal to Buy Glencore’s Viterra
    (Bloomberg) -- US agribusiness Bunge Ltd. is near a deal to acquire Glencore Plc-backed Viterra, people familiar with the matter said, creating a giant capable of competing with the world’s biggest agricultural players.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareAs Fed Signals Rate Pause, Powell Will Have to Placate HawksOdey Sacked From His Hedge Fund Firm After Assault AllegationsUK Political  ( 8 min )
    Glencore Approaches Teck Over Its Coal Business
    The commodities giant is willing to buy Teck’s unit as an alternative to a full merger.  ( 28 min )
    The Fed's fight against inflation hasn't caused a recession in the US yet, but it could lead to a global downturn
    No content preview
    How Social Security Works After Retirement
    Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 28 min )
    Goldman Sachs Slashes Brent Outlook to Below $90 by Year-End
    (Bloomberg) -- Goldman Sachs Group Inc., one of the most bullish banks on the outlook for oil, has once again lowered its price forecasts amid increasing global supplies and waning demand.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsAs Fed Signals Rate Pause, Powell Will Have to Placate HawksScotland’s Nicola Sturgeon Arrested in SNP  ( 7 min )
    This year’s market moves are outside consensus expectations - in a bullish way
    It is incredibly difficult to predict short-term moves with any accuracy, even when you know where the fundamentals are headed.  ( 11 min )
    Many insured older Americans face unpaid medical bills
    Medical debt for older Americans with health insurance is on the rise.  ( 9 min )
    IRS gets major power to request private tax info after Supreme Court decision
    The Supreme court ruled in favor of the IRS in recent case, allowing it to request third party information without notification.  ( 9 min )
    Inflation's easing. Do Americans still need their I bond protection? Experts weigh in
    Americans snatched up I bonds amid 40-year inflation in 2022. Now that prices are cooling and rates are rising, I bonds are losing their luster.  ( 8 min )
    What investors want to know about the SEC's crypto crackdown
    What do the SEC's two lawsuits against Binance and Coinbase mean for the industry?  ( 11 min )
    Illumina CEO Francis deSouza Resigns Amid Regulatory Hurdles, Proxy Fight
    Activist investor Carl Icahn has signaled he wants former CEO Jay Flatley to return to gene-sequencing test maker.  ( 29 min )
    Inflation and the Fed: What to know this week
    Inflation and the Fed's commentary on fiscal policy will be closely tracked as investors digest what will come of the new bull market.  ( 11 min )
    Tech, an Early Booster of Remote Work, Wants People Back in the Office
    The reversal is creating tension for workers who adjusted to the flexibility gained during the pandemic and arranged their lives accordingly.  ( 27 min )
    Goldman’s Low US Recession Odds Get It Wrong, Bond Investors Say
    (Bloomberg) -- US stocks are back in a bull market and the American economy has consistently outperformed expectations, leading some firms to suggest the threat of recession has eased, if not altogether passed.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaThere’s More Trouble Coming for Regional Banks Fed Is Set to Pause and Assess the  ( 8 min )
    Illumina CEO DeSouza Resigns Following Pressure From Icahn
    (Bloomberg) -- Illumina Inc.’s board accepted the resignation of Chief Executive Officer Francis deSouza, handing a victory to activist investor Carl Icahn who had been seeking his removal.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Sturgeon Arrested in SNP ProbeGoldman’s Low US Recession Odds Get It W  ( 7 min )
    How Do I Know If I'm Disqualified From Long-Term Care Insurance?
    No content preview
    Ready For Retirement? Make Sure You Know About IRA Recharacterizations First
    Contributing money to a traditional or Roth IRA can help you save money for retirement on a tax-advantaged basis. Should you make a mistake with contributions or change your mind about them, IRA recharacterization allows you to correct it. Recharacterizing … Continue reading → The post IRA Recharacterization: Retirement Guide appeared first on SmartAsset Blog.  ( 9 min )
    How Long Will $10 Million Last Me If I Retire at 40?
    Retiring at 40 really can mean enjoying retirement in your (relative) youth. The question is, what does it take to make that possible? If you are lucky enough to have set aside $10 million, can that get the job done? … Continue reading → The post Can You Retire Comfortably at 40 With $10 Million? appeared first on SmartAsset Blog.  ( 11 min )
    When Does It Really Pay to Buy Long-Term Care Insurance?
    If you were ever to become disabled or suffer a chronic illness or age-related debility that requires you to pay for help feeding and dressing yourself or similar assistance for an extended period, long-term care insurance could be a valuable … Continue reading → The post When to Buy Long-Term Care Insurance appeared first on SmartAsset Blog.  ( 9 min )
    Can I Organize My Way Into Lower Tax Liabilities?
    Taxes are unavoidable but that doesn't mean you have to pay more than you owe. What happens to your tax liability with proper financial planning? The simple answer is that it can allow you to minimize what you owe while … Continue reading → The post What Happens To Your Tax Liability With Proper Financial Planning? appeared first on SmartAsset Blog.  ( 10 min )
    Stocks Traders Eyeing Fed Pause Hedge Rally With Call Options
    (Bloomberg) -- Investors are loading up on call options as they brace for a pivotal Federal Reserve decision that’s set to dictate the tone for equities heading into the second half of 2023. Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect of  ( 9 min )
    What's the secret of the best stock pickers in Congress? AI.
    The political leaders doing well as investors during the early part of this year bet on technology stocks. They also happen to be Democrats.  ( 8 min )
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    (Bloomberg) -- Federal Reserve officials are ready to take a breather after more than a year of driving up interest rates, a move that’s likely to be accompanied by a strong signal that they’re prepared to keep hiking if needed.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is  ( 9 min )
    Illumina CEO Francis DeSouza resigns
    Illumina said on Sunday that it had appointed Charles Dadswell as interim chief executive officer while the board conducts a search for a new CEO.  ( 6 min )
    Oil Traders Are Daring to Defy Market Kingpin Saudi Arabia
    (Bloomberg) -- Oil traders are starting to ignore the most important person in the market. It could prove a risky gambit.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect of Rate HikesA week ago, Saudi Arabian Energy Minister Prince Abdulaziz  ( 10 min )
    Planet Fitness Stock Is Sliding. CEO Chris Rondeau Bought Shares.
    Gym chain Planet Fitness has been rocked by disappointing earnings, and the departure of a top executive. CEO Chris Rondeau scooped up shares.  ( 22 min )
    ‘Decade of Emerging Markets’ May Be About to Regain Traction
    (Bloomberg) -- Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved Wall Street’s early 2023 optimism to be misplaced.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareThere’s More Trouble Coming for Regional Banks Crypto Weekend Slump Compounds Jitters of Investors Already on EdgeFed Is Set to Pause and Assess the Effect o  ( 10 min )
    Top Communications Stocks for June 2023
    Vodafone Group, InterDigital, and Opera lead the industry for best value, fastest growth, and most momentum, respectively.  ( 23 min )
    Shell CEO Takes U.K. Oil Giant’s Pitch Direct to Wall Street
    Wael Sawan signals openness to more oil production in an effort to woo investors.  ( 29 min )
    Tech war: China to host first supply chain expo to bolster global position amid US 'de-risking'
    The inaugural China International Supply Chain Expo is set to kick off in Beijing on November 28, as the world's second-largest economy seeks to protect its key role in global manufacturing amid intensified trade restrictions imposed by the United States and its allies. The five-day event, which is themed "connecting the world for a shared future", aims to "help Chinese firms participate more deeply in the global industrial division of labour" and "promote the building of resilient global supply  ( 7 min )
    Schroders, BNP Paribas among foreign firms rushing to tap China's US$18 trillion wealth-management opportunity
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    ETF Flows Sputter as Investors Favor Defensive Strategies
    Risk-averse investors aren’t rushing to chase a new bull market.  ( 28 min )
    Tesla tightens grip on EV-charging space: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: GM allies with Tesla; charging startups in need of a boost; all eyes on Stellantis.  ( 8 min )
    How Thatcher’s Canary Wharf legacy became a debt-ridden millstone
    Perched inside a pile driver in East London in May 1988, Margaret Thatcher attempted to operate heavy machinery clad in her trademark skirt suit, high heels and pearl earrings.  ( 16 min )
    Air-Bag Parts Maker Refusing U.S. Recall Request Had Workplace-Safety Woes
    ARC Automotive, the Chinese-owned maker of 67 million air-bag inflators that regulators want recalled, has faced safety violations and litigation over allegedly flawed parts.  ( 29 min )
    Supply chain diversification apparent in freight market
    There has definitely been a sustainable shift in how freight is distributed do The post Supply chain diversification apparent in freight market appeared first on FreightWaves.  ( 8 min )
  • Open

    NU+ | Na overlijden leven we online onbedoeld nog jaren door
    Ons leven speelt zich steeds meer af op het internet. Als we overlijden, verdwijnt ons lichaam in een kist. Maar online leef je nog jaren door als je je digitale erfenis niet goed regelt voor je nabestaanden.  ( 6 min )
    NU+ | De toegang tot ons digitale leven nemen we vaak mee in ons graf
    Ons leven speelt zich steeds meer af op het internet. Als we overlijden, verdwijnt ons lichaam in een kist. Maar online leef je nog jaren door als je je digitale erfenis niet goed regelt voor je nabestaanden.  ( 6 min )
    Bekende Britse belegger ontslagen na beschuldigingen seksueel wangedrag
    De Britse beleggingsfirma Odey Asset Management heeft oprichter Crispin Odey op straat gezet na nieuwe beschuldigingen van seksueel wangedrag. Het hedgefonds wil niets meer met de Britse belegger te maken hebben.  ( 3 min )
    NU+ | Wat doet en verdient een verkeersleider bij ProRail?
    Zorgen dat het treinverkeer soepel verloopt, is een belangrijke taak van de verkeersleiders bij ProRail. Zorgen dat dit veilig gebeurt, is nóg belangrijker. Veiligheid gaat voor alles en dat kan weleens botsen met het belang om reizigers zo snel mogelijk op de juiste plek te krijgen.  ( 4 min )
    Tesla zoekt leveranciers en klanten in Mexico
    Tesla is op zoek naar lokale leveranciers van onderdelen in Mexico. De Amerikaanse fabrikant van elektrische auto's bereidt zich voor op de bouw van zijn eerste fabriek in het land. Het bedrijf zoekt ook naar Mexicanen die de auto's willen kopen.  ( 4 min )
    Tesla zoekt leveranciers in Mexico en wil er ook meer klandizie
    Tesla is op zoek naar lokale leveranciers van onderdelen in Mexico. De Amerikaanse fabrikant van elektrische auto's bereidt zich voor op de bouw van zijn eerste fabriek in het land. Het bedrijf is ook aan het zoeken naar Mexicanen die de auto's willen kopen.  ( 4 min )
    Kleinere crypto's kelderen in waarde na optreden Amerikaanse toezichthouder
    Met name kleinere cryptomunten zijn flink in waarde gedaald nadat de Amerikaanse toezichthouder SEC de cryptobeurzen Coinbase en Binance heeft aangeklaagd. Dat gebeurde wegens het schenden van de regels voor beurshandel en misleiding van beleggers en toezichthouders. Cryptobeleggers vrezen dat er steeds meer strenge regels rond crypto's gaan komen.  ( 4 min )

  • Open

    How Does a Simplified Employee Pension (SEP) IRA Work?
    Learn how a simplified employer pension (SEP) IRA works. Find out who qualifies to participate and what advantages it offers for retirement planning.  ( 25 min )
    Hanging Man Candlestick Pattern Explained
    A Hanging Man pattern is a candlestick pattern that hints at the reversal of an uptrend and is used by investors to make trading decisions.  ( 25 min )
    The Consequences of Overdrawing a Checking Account
    Checking accounts can become negative if you have an overdraft protection program without fund transfer capabilities, but the consequences will be costly.  ( 25 min )
    Estate Planning: 16 Things to Do Before You Die
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    Retainer Fee Meaning, Uses, Example, and How It Works
    A retainer fee is an amount of money paid upfront to secure the services of a lawyer, consultant, freelancer, or other professional.  ( 20 min )
    What Is a Bank Reconciliation Statement, and How Is It Done?
    A bank reconciliation statement summarizes banking activity, allowing individuals and companies to compare their own records with the bank’s records.  ( 24 min )
    Hersey-Blanchard Situational Leadership Model: How It Works
    The Hersey-Blanchard Model suggests there is no single leadership style that is better than another.  ( 19 min )
    Financial Planner vs. Financial Advisor: What’s the Difference?
    When scanning the financial advisor landscape, a financial advisor and a financial planner are both very broad categories. Here are the differences.  ( 24 min )
    Chart of Accounts (COA) Definition: Examples and How It Works
    A chart of accounts (COA) is a document that organizes a company’s financial transactions by category and line item to make accessing financial information easier.  ( 24 min )
    Control of Well Insurance Definition
    Control of well insurance covers some or all of the costs associated with a well blowout.  ( 20 min )
    Top Materials Stocks for June 2023
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    ‘This Is Not Financial Advice’ Shows Human Side of Crypto, Meme Craze, and Influencers
    Screening at the Tribeca Film Festival June 2023, the documentary follows the multi-million dollar rise and fall of crypto-influencer Glauber Contessoto.  ( 17 min )
    Delisting: What It Means and How It Works for Stock Shares
    Delisting is the removal of a security from a stock exchange.  ( 24 min )
    The Bond Buyer Definition
    The Bond Buyer is a trade publication for members of the municipal bond industry that began as a daily newspaper over 100 years ago.  ( 19 min )
    Formula for Calculating Internal Rate of Return (IRR) in Excel
    Understand how to calculate the internal rate of return (IRR) in Excel and how it's used to determine anticipated yield per dollar of capital investment.  ( 23 min )
  • Open

    How Does a Simplified Employee Pension (SEP) IRA Work?
    Learn how a simplified employer pension (SEP) IRA works. Find out who qualifies to participate and what advantages it offers for retirement planning.  ( 25 min )
    Wall Street eyes homebuilder stocks as investors prepare for the housing market’s next move
    Deutsche Bank says they've gone from "cautiously optimistic to decisively bullish on new residential construction"  ( 8 min )
    Estate Planning: 16 Things to Do Before You Die
    Estate planning goes beyond drafting a will. Use this pre-death checklist to account for your assets and ensure they are dispersed as you wish,  ( 32 min )
    Picking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief
    Robert Cohen says the SEC's selective enforcement is having a "real impact on real people and real businesses.”  ( 6 min )
    Apple unveils the Vision Pro, iOS 17 brings new features, and WhatsApp launches Channels
    It's where we highlight the key stories in the week that was (Apple Vision Pro, anyone?) and other goings on around the TC universe, like the analyses on TC+, our premium subscription service, plus TechCrunch's growing collection of podcasts. It's an embarrassment of content, if I do say so myself -- and hopefully a welcome reprieve for those on the East Coast who've been inundated with smoke from the Canadian wildfires. Apple Vision Pro: TC's intrepid editor-in-chief, Matthew, went hands-on with the Vision Pro, Apple's first attempt at an augmented reality (AR) headset, announced at the company's annual Worldwide Developers Conference (WWDC) keynote -- and came away impressed.  ( 8 min )
    'New bull market has legs': These are the 5 questions investors should ask now that the bear market is officially over
    No content preview
    Economists predict at least two more US rate rises to quell stubborn inflation
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Musk’s refusal to pay rent adds to Goldman bad property loans
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Bond Traders Brace for Fed Meeting Fraught with Wildcards, Risks
    (Bloomberg) -- The risks for bond investors from next week’s Federal Reserve meeting go well beyond whether officials decide to raise interest rates again.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Northeast After a Brief ReprieveFor  ( 8 min )
    Fed Is Set to Pause and Assess the Effect of Rate Hikes
    (Bloomberg) -- Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation.Most Read from BloombergJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeTrump’  ( 10 min )
    This Week in Coins: Market Crashes as SEC Slams Binance and Coinbase
    It was a relentless week of enforcement actions by the SEC against crypto’s major players.  ( 8 min )
    Factbox-Who are Crispin Odey and the hedge fund Odey Asset Management?
    WHO IS CRISPIN ODEY AND ODEY ASSET MANAGEMENT? Odey, 64, founded his asset management firm in 1991. Odey Asset Management (OAM) is known for highly leveraged bets trading global equities, debt, currencies and commodities.  ( 7 min )
    Crispin Odey ousted from hedge fund in wake of sexual misconduct allegations
    Crispin Odey, the high-profile City financier and Conservative party donor, has been ousted from the hedge fund he founded following a string of sexual harassment claims.  ( 6 min )
    Nigeria’s Suspended Central Bank Governor Taken Into Custody
    (Bloomberg) -- Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeSmoky Air Returning to NYC, US Northeast After a Brief ReprieveAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsNigeria’s secret police took the nation’s suspended central bank governor into custody, hours after he was removed by the nation’s new president  ( 7 min )
    Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.
    The sneaker maker’s strategy seeks to shed excess product as inflation pinches consumers’ budgets.  ( 28 min )
    Credit Suisse CEO memo signals UBS deal to close Monday
    On Friday, UBS Chief Executive Sergio Ermotti hinted the takeover of Credit Suisse would close on Monday, the earliest expected date. UBS declined to comment, while Credit Suisse did not immediately respond to a Reuters request for comment.  ( 7 min )
    Homeowners face shortfalls in their escrow accounts as costs rise
    56% of homeowners indicated that their escrow payment increased in the last 12 months, up from 51% in 2021 and 49% in 2020.  ( 10 min )
    Chinese car makers hold talks with UK officials about manufacturing in Britain
    Chinese car makers including Chery have held talks with UK officials about manufacturing in Britain in a potential boost for the country’s under-pressure auto industry.  ( 8 min )
    Odey Sacked From His Hedge Fund Firm After Assault Allegations
    (Bloomberg) -- Odey Asset Management has removed its founder Crispin Odey from the firm’s partnership in a stunning turn of events for the famed hedge fund manager who is facing fresh sexual assault allegations. Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air  ( 8 min )
    Crispin Odey to leave hedge fund he founded after assault allegations
    Hedge fund manager Crispin Odey is leaving Odey Asset Management's partnership following allegations of sexual misconduct, the firm's executive committee said in a statement on Saturday. The Financial Times and Tortoise, in a joint publication on Thursday, reported allegations by 13 women that Crispin Odey had sexually assaulted or harassed them over a 25-year period.  ( 5 min )
    Cryptocurrency Crumble: Bitcoin Falls, Smaller Digital Coins Plunge In Wake Of SEC Crackdown
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    More Financial Advisors are Using ChatGPT Than You Think. Is That a Bad Thing?
    While the onslaught of artificial intelligence (AI), specifically ChatGPT, has proven to be a sudden and bumpy transition, financial advisors – among many other industries – have eagerly begun trying to fit the technology into their practices. The AI chatbot has the … Continue reading → The post 60% of Financial Advisors Use or Are Interested in Using ChatGPT – 2023 Survey appeared first on SmartAsset Blog.  ( 7 min )
    Schwab: Lower Your Tax Bill By ‘Bunching' Your Charitable Deductions
    Donating to charity isn't just a way to have a positive impact on society – it's also a savvy approach to reducing your tax liability. Schwab suggests people who donate to charity on an annual basis may want to consider … Continue reading → The post Schwab Says Lower Your Tax Bill By ‘Bunching' Your Charitable Deductions appeared first on SmartAsset Blog.  ( 8 min )
    How Long Will $800,000 Last Me in Retirement?
    Saving for retirement is one of the most important parts of securing your financial future. While programs like Social Security can help, they often aren't enough on their own. This is why it is crucial to have retirement savings of … Continue reading → The post How Long Will $800,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make More Money With Impact Investing or ESG?
    Impact investing is a strategy for using your money to create or affect positive change by investing in things that will do good in the future. ESG, on the other hand, is a framework for evaluating and selecting investments based … Continue reading → The post Impact Investing vs. ESG appeared first on SmartAsset Blog.  ( 9 min )
    Is It Better to Have a Lower Interest Rate or APR For Your Mortgage?
    When you're buying a home, a lot of pieces have to fall into place. You may come across unfamiliar terms, like escrow and title insurance. One such term is mortgage APR or annual percentage rate. Knowing how to get a … Continue reading → The post What Is a Mortgage APR? appeared first on SmartAsset Blog.  ( 8 min )
    6 Hidden Benefits of Roth IRAs
    Opening an individual retirement account is an excellent step in retirement planning. However, you'll face a choice when doing so: will you pick a Roth or traditional IRA? Your contributions to one count towards the total annual limit for both … Continue reading → The post 6 Top Benefits of Roth IRAs appeared first on SmartAsset Blog.  ( 10 min )
    Is an IRA Transfer or Rollover Better For Me, Money-Wise?
    Anyone who's ever put together furniture or hung a picture on a wall knows the difference between a screw and a nail. While they may look alike, they have distinct purposes and applications. The same can be said for an … Continue reading → The post IRA Transfer vs. Rollover: What's the Difference? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make More Money If I Roll Over My 401(k) Into An Annuity?
    When you leave a job where you had a 401(k) it's important to understand what your options are for rolling over your tax-advantaged plan. Cashing out is another option but can result in significant taxes. Many choose to roll their … Continue reading → The post How to Roll Over Your 401(k) Into An Annuity appeared first on SmartAsset Blog.  ( 13 min )
    Do I Really Still Need a Financial Advisor After I Retire?
    Managing your money never entirely stops, especially since retirement means living exclusively off of your assets and investments. That said, your involvement with your money can change considerably. After a life spent actively building your portfolio, choosing assets and trying … Continue reading → The post Do You Need a Financial Advisor After You Retire? appeared first on SmartAsset Blog.  ( 8 min )
    GameStop Needs Ryan Cohen More Than Ever to Maintain Meme Status
    (Bloomberg) -- GameStop Corp.’s revolving leadership door and an unclear strategy to compete in the video-game retail industry has puzzled Wall Street analysts. For its legions of retail traders, however, what matters most is Ryan Cohen.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeThere’s More Trouble Coming for Regional Bank  ( 9 min )
    This Summer, Lifeguards Have Better Job Prospects Than Office Interns
    Employers are turning to young workers and raising wages to fill openings.  ( 24 min )
    Cut Off From Headquarters: Global Fund Managers Are Stuck in China’s Black Box
    Some things global mutual-fund managers in China can’t tell their bosses back home: how much they have invested in individual stocks, how their funds are doing and who their clients are.  ( 29 min )
    Boeing Leads 5 Dow Jones Giants Near Buy Points
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    Fed Is First to Reach Crucial Junction in Global Inflation Fight
    (Bloomberg) -- The world’s major central banks are approaching a critical juncture in their fight against inflation, with the route they ultimately choose set to impact the economy for years to come.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to  ( 10 min )
    Being a Utility Executive Is Getting Harder. Tesla Is to Blame.
    Forget investing in infrastructure and earning a regulated rate of return. The utility business is getting more complicated, which creates opportunities.  ( 22 min )
    The S&P 500 has entered a bull market. Here's what history says will happen next
    In the 12 months after a bull market starts, the S&P 500 usually sees outsized returns.  ( 7 min )
    Top Materials Stocks for June 2023
    Cemex, Albermarle, and Snowline Gold lead for value, growth, and momentum, respectively.  ( 22 min )
    Grilling Hasn’t Been This Cheap in Years
    U.S. propane prices have dropped more than 50% over the past year despite record exports.  ( 28 min )
    Charting the Global Economy: Weak Trade Shows China Struggling
    (Bloomberg) -- Fresh trade data out of China added to evidence that the world’s second-largest economy is struggling for traction.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Northeast After a Brief ReprieveIn Germany, another decline i  ( 8 min )
    Rheinmetall could be worth 17 billion euro over medium term-CEO
    The CEO of Germany's largest defence contractor Rheinmetall said he expected a further boost to the company's stock market value due to the Ukraine war and increased defence spending in Europe. "A valuation of 17 billion euros is realistic for Rheinmetall over the medium term," he added. Rheinmetall's current stock valuation is about 10.5 billion euros, on 2022 operating income of 754 million euros.  ( 7 min )
    Millions in Polygon’s MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows
    “Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned.  ( 7 min )
    Crypto Markets Slump as US Regulatory Crackdown Spooks Investors
    (Bloomberg) -- Smaller coins led a crypto selloff as a Securities and Exchange Commission crackdown on key digital-asset exchanges unnerved investors.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareDonald Trump Charged in Florida Over Secret Documents CaseTrump Tried to Hide Documents, Share Secrets, Indictment AllegesTesla Set for $3 Billion Boost From Ford, GM Charger DealsTokens including Sola  ( 7 min )
    Egypt’s Inflation Accelerates Anew to Stay Above 30%
    (Bloomberg) -- Egyptian inflation accelerated after a monthlong respite, as a round of price increases by authorities fans pressures already building following three currency devaluations.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsSmoky Air Returning to NYC, US Nor  ( 6 min )
    UK Workers Miss Out on Europe’s Shift to Fewer Hours on the Job
    (Bloomberg) -- British workers have missed out on a Europe-wide trend toward more leisure time and fewer hours on the job, compounding a miserable decade in which living standards stagnated.Most Read from BloombergOdey Sacked From His Hedge Fund Firm After Assault AllegationsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeThere’s More Trouble Coming for Regional Banks Smoky Air Returning to NYC, US Northeast Afte  ( 7 min )
    The stock market is headed for a critical week as investors brace for new inflation data and a key Fed meeting
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    Bullwhip effect cracking US imports’ peak season (again)
    An unprecedented level of caution among importers likely to cause further declines in import volumes. The post Bullwhip effect cracking US imports’ peak season (again) appeared first on FreightWaves.  ( 11 min )
    The bull market in stocks won't last long - and there's a 99% chance of a US recession, top economist David Rosenberg says
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    The bull market in stocks could disappear as investors get whacked by even higher interest rates and higher unemployment from the Fed's inflation fight, Bank of America says
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    Costco, Amazon, and Trader Joe’s Have Great Snacks. Buy the Company That Makes Them.
    TreeHouse Foods is the only major publicly traded pure play on increasingly popular private-label food products. The stock is cheap—but it might not stay that way for long.  ( 22 min )
    Why NET Power Stock Is a Buy
    NET Power went public in a SPAC merger. But it has a promising technology for clean energy from natural gas and well-connected partners and investors.  ( 22 min )
    China Drills in Deeper Waters to Cut Reliance on Foreign Oil
    (Bloomberg) -- A concrete expanse the size of Monaco jutting off China’s southern coastline is the imposing centerpiece in Beijing’s efforts to slow its growing dependence on imported oil.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesDonald Trump Charged in Florida Over Secret Documents CaseTesla Set for $3 Billion Boost From Ford,  ( 8 min )
    China Stock Bulls Hit Reset Button After $1.5 Trillion Rout
    (Bloomberg) -- After being wrong-footed by a $1.5 trillion rout in Chinese stocks, some of Wall Street’s biggest banks are coming around to a less optimistic consensus. Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareTrump Tried to Hide Documents, Share Secrets, Indictment AllegesWhat Trump’s Indictment Means for His 2024 Presidential Run  ( 7 min )
  • Open

    Zonnepaneleneigenaar moet zich niet blindstaren op energietarief
    Energieprijzen dalen weer en vaste contracten zijn terug: tijd om energieleveranciers met elkaar te vergelijken. Maar als je veel zonnestroom opwekt, zijn niet alleen de tarieven belangrijk. Je kunt ook besparen via de terugleververgoeding.  ( 5 min )
    Duitse wapenfabrikant verwacht enorme waardestijging door oorlog in Oekraïne
    De Duitse wapenfabrikant Rheinmetall verwacht de komende jaren flink meer waard te worden. De oorlog in Oekraïne zorgt voor een grote vraag naar munitie en pantservoertuigen, waardoor het bedrijf vorig jaar recordresultaten boekte. Volgens topman Armin Papperger kan de beurswaarde van Rheinmetall stijgen van 10,5 miljard euro naar 17 miljard euro.  ( 3 min )
    Luchtvaartautoriteit: 'Personeelstekort zet veiligheid in luchtvaart onder druk'
    Een gebrek aan geschikt personeel kan de veiligheid in de luchtvaart dit zomerseizoen onder druk zetten. Daarvoor waarschuwt de Europese luchtvaartautoriteit EASA in een onlangs gepubliceerde veiligheidsupdate.  ( 3 min )

  • Open

    Dow Jones Futures: Bullish Market Trend, But Fed Meeting Looms; Watch Tesla, Nvidia, Biogen
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  • Open

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    Reporting revenue is a critical and often complex problem for accountants, so they must determine daily the differences between gross and net revenue.  ( 22 min )
    Who Pays Real Estate Fees?
    Real estate agents receive a commission in exchange for helping buyers and sellers. Here's a look at real estate fees and who pays them.  ( 25 min )
    Federal Reserve Bank of Minneapolis
    The Federal Reserve Bank of Minneapolis is one of 12 regional banks within the Federal Reserve system, overseeing banks in all or part of six Midwestern states.  ( 22 min )
    Yield Curve: What It Is and How To Use It
    A yield curve is a line that plots the interest rates, at a set point in time, of bonds having equal credit quality but differing maturity dates.  ( 24 min )
    Drawdown: What it Is, Risks and Examples
    A drawdown is a peak-to-trough decline during a specific period for an investment, fund, or trading account. Drawdowns help assess risk, compare investments, and are used to monitor trading performance.  ( 23 min )
    What It Would Take for the U.S. Dollar to Collapse
    Investors at times have concerns about the dollar's vulnerability, but a review of the dollar's strengths and weaknesses suggests that a currency crisis is unlikely.  ( 23 min )
    5 Things to Know Before Markets Open
    General Motors will join the Tesla electric vehicle charging network and Meta plans to roll out a Twitter competitor. Here’s what investors need to know today.  ( 19 min )
    Simple vs. Compounding Interest: Definitions and Formulas
    Interest is defined as the cost of borrowing money or the rate paid on a deposit to an investor. Interest can be classified as simple interest or compound interest.  ( 25 min )
    How Does Inflation Affect the Exchange Rate Between Two Nations?
    Countries attempt to balance interest rates and inflation, but the interrelationship between the two is complex and can influence exchange rates.  ( 21 min )
    CAMELS Rating System: What It Is, How It Is Calculated
    The CAMELS rating system is a bank-rating method in which banks are rated on capital adequacy, asset quality, management, earnings, liquidity, and sensitivity,  ( 25 min )
    6 Reasons To Sell a Stock
    There are several reasons to sell shares. Here’s how investors know when to hold them and when to fold them.  ( 24 min )
    The Most Common Types of Consumer Fraud
    Find out how to avoid becoming a victim of consumer fraud by knowing about these common scams.  ( 30 min )
  • Open

    Dow Jones Today: Index Inches Up Ahead of Fed Meeting
    The Dow Jones Industrial Average ticked up about 0.1%, or 44 points, on below-average volume as investors await next week's inflation reading and an interest rate decision from the Federal Reserve.  ( 1 min )
    Markets End the Week in the Green in Anticipation the Fed Will Pause Rate Hikes
    Markets posted a winning day on Friday, June 9, 2023, to top off a winning week on optimism the Fed may pause its interest rate hike cycle next week.  ( 1 min )
    US Equities Little Changed at Midday as Tesla, GM Shares Rise After Charger Deal
    Markets were little changed at midday on Friday, June 9, 2023, while Tesla, GM, and Ford shares advanced after GM joined Ford in a deal for its EVs to use Tesla chargers.  ( 1 min )
    5 Things to Know Before Markets Open
    General Motors will join the Tesla electric vehicle charging network and Meta plans to roll out a Twitter competitor. Here’s what investors need to know today.  ( 1 min )
  • Open

    GM Looks To Turbocharge EV Sales With Tesla Charging Partnership
    General Motors has joined Ford in announcing a partnership with Tesla to use its charging stations, in a boost to EV adoption and Tesla.  ( 1 min )
    Sonoma Pharmaceuticals Shares Soar 44% After Introducing New Product
    Sonoma Pharmaceuticals shares jumped 44% on Friday after the company unveiled a product that could replace IV bags for some surgeries.  ( 1 min )
    DISH Network Shares Fall Following Report It's Seeking Cash to Pay for 5G Rollout
    DISH Network shares fell on Friday following a report that it's looking to sell assets to pay for its 5G rollout by the end of the month.  ( 1 min )
    Netflix Subscriptions Surge After Password-Sharing Crackdown
    Netflix subscriptions soared in the U.S. after the streaming service's recent crackdown on password sharing.  ( 1 min )
    DocuSign Beats Quarterly Estimates, but Shares Fall on Business Warning
    Shares of DocuSign turned lower after the online document signing service warned about customer demand.  ( 1 min )
  • Open

    Nachttrein maakt comeback: waar kun je al heen en wat ligt er in het verschiet?
    Europa is druk bezig met plannen om je straks sneller door het continent te laten reizen. Daarbij wordt vooral ingezet op nachttreinen. De Europese Unie start in 2025 pilots om het internationale treinnetwerk uit te breiden. Ook voor de Nederlandse reiziger is dat goed nieuws.  ( 5 min )
    Gasprijs loopt flink op tot hoogste punt in ruim drie weken
    De gasprijs is vrijdag omhooggeschoten tot ruim boven de 30 euro per megawattuur. Het is de tweede prijssprong in korte tijd. Eerder deze week werd gas op één dag al 20 procent duurder.  ( 3 min )
    Mars en Kitkat terug in Jumbo-schappen na lange ruzie over prijzen
    Klanten kunnen bij Jumbo weer M&M's, Mars-repen, Kitkat en Whiskas-kattenvoeding kopen. De supermarktketen heeft met fabrikanten Mars en Nestlé nieuwe afspraken gemaakt over de levering van deze producten.  ( 4 min )
    Frankrijk dwingt fabrikanten om prijzen van boodschappen te verlagen
    Bedrijven die eten en drinken produceren, moeten van de Franse regering hun prijzen verlagen. Dit moet de pijn van de inflatie verzachten voor de Franse consument. Volgens het kabinet hebben de bedrijven waar het om gaat beloofd mee te werken. Als ze dat niet doen, worden hun namen bekendgemaakt.  ( 3 min )
    In Utrecht is het een jaar lang verboden om tabakswinkel te openen
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    Energierekening daalt voor steeds meer Nederlanders
    De maandelijkse energierekening ligt nu gemiddeld dertig euro lager dan tijdens de piek afgelopen december, blijkt uit een analyse van ING. Het prijsplafond en de lagere tarieven zijn eindelijk voelbaar in de portemonnee van de consument.  ( 4 min )
    Steeds meer Nederlanders zien energierekening dalen
    De maandelijkse energierekening ligt nu gemiddeld dertig euro lager dan tijdens de piek afgelopen december, blijkt uit een analyse van ING. Het prijsplafond en de lagere energietarieven zijn eindelijk voelbaar in de portemonnee van de consument.  ( 4 min )
    Japans sushirestaurant wil forse omzetdaling verhalen op minderjarige sushilikker
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    Oproep | Werk jij voor een bagageafhandelaar op Schiphol? Dan zoeken we jou
    Alle zes bedrijven die bagage op Schiphol afhandelen, hangt een boete boven het hoofd. De fysieke belasting is gevaarlijk voor hun medewerkers, oordeelt de Arbeidsinspectie. Kun jij ons meer vertellen over dit zware werk? En heb jij ideeën voor oplossingen?  ( 2 min )
    Groene vingers jeukten weer in zonnige mei, vooral petunia en hortensia populair
    Omdat de zon in mei volop scheen, zijn Nederlanders weer aan het tuinieren geslagen. Bij veiling FloraHolland was de omzet aan verhandelde tuinplanten 22,5 procent hoger dan vorig jaar. Vooral petunia's, hortensia's en geraniums waren populair.  ( 4 min )
    Meer samenwerking tussen VS en VK om Rusland en China tegenwicht te bieden
    De Verenigde Staten en het Verenigd Koninkrijk gaan economisch nauwer samenwerken. Met de zogenoemde Atlantische Verklaring willen ze Rusland en China meer tegenwicht bieden.  ( 3 min )
    Japans sushirestaurant wil dalende omzet verhalen op minderjarige sushilikker
    Een jongen die onder meer aan een sojafles likte in een Japans restaurant en zijn actie liet filmen, kan een gepeperde rekening verwachten. Sushiketen Sushiro eist namelijk een forse schadevergoeding van de 'sushiterrorist' voor de dalende omzet.  ( 4 min )
    Lidl legt vegetarische producten direct naast vlees om vleeseter te verleiden
    Wie straks een burgertje wil uitzoeken in de Lidl kan straks in één handbeweging voor de vegetarische variant kiezen. De discounter gaat de vier best lopende vleesvervangers namelijk direct naast het vlees leggen in de koeling.  ( 3 min )
    In alle bedrijfstakken is het ziekteverzuim gedaald
    Het ziekteverzuim op de werkvloer lag in het eerste kwartaal van 2023 beduidend lager dan een jaar eerder. In alle bedrijfstakken daalde het aantal dagen dat medewerkers zich ziek meldden.  ( 4 min )
    Overheid helpt mensen in de bijstand niet altijd goed genoeg
    De Participatiewet, die sinds 2015 de bijstand regelt, heeft een te grote focus op betaald werk. Daardoor krijgen bijstandsgerechtigden niet altijd voldoende hulp bij hun problemen, concludeert het Sociaal en Cultureel Planbureau (SCP) in een nieuw onderzoek.  ( 3 min )
    Run op vaste energiecontracten nu ze weer beschikbaar zijn
    Nederlanders sluiten de laatste tijd weer veel energiecontracten af waarin de tarieven voor langere tijd vastliggen. Vooral de jaarcontracten doen het goed, merkt vergelijkingssite Independer. Ook Eneco en Essent zien dat veel mensen op zoek zijn naar zekerheid.  ( 4 min )

  • Open

    Pros and Cons of a Strong Dollar
    While a strong U.S. dollar benefits some, it negatively impacts others. These are the advantages and disadvantages of a strong U.S. dollar, and who gains and loses.  ( 22 min )
    Devaluation: What It Is and How It Works
    Devaluation is the deliberate downward adjustment to the value of a country's currency relative to another currency or standard.  ( 23 min )
    Top CD Rates Today, June 8, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Cut-Off Score: Definition and What It Means to Consumers
    A cut-off score is a minimum credit score an individual may need to get a loan or other form of credit from a particular lender.  ( 22 min )
    Top Savings Rate Hits New High, Plus More Options Now Pay Over 5%
    Savings account rates are at record highs, giving you multiple options that earn more than 5%, including a top nationwide rate of 5.12% APY.  ( 18 min )
    Marcus Savings Account Interest Rates: June 2023
    Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 19 min )
    State Farm Savings Account Interest Rates: June 2023
    State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 19 min )
    U.S. Bank Savings Account Interest Rates: June 2023
    Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 18 min )
    What Is a Clean-Up Requirement?
    A clean-up requirement is a stipulation that is intended to help lenders ensure that borrowers who use revolving lines of credit pay their debts.  ( 20 min )
    Fidelity Cash Management Account Interest Rate: June 2023
    If you’re looking for a flexible way to earn more interest on your savings, Fidelity Investment’s Cash Management Account offers a modest APY and unique perks worth considering.  ( 20 min )
    Markets Rose on Thursday, June 8, 2023, Led by Tech Stocks, on Optimism the Fed Might Pause Rate Increases
    Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.  ( 16 min )
    Michael Jordan's Iconic 'Flu Game' Air Jordan Sneakers May Fetch More Than $1 Million
    A rare pair of Air Jordan sneakers that are an iconic part of basketball history are up for auction and likely to fetch more than $1 million.  ( 16 min )
    Amortized Loan: What It Is, How It Works, Loan Types, Example
    An amortized loan is a loan with scheduled periodic payments of both principal and interest, initially paying more interest than principal until eventually that ratio is reversed.  ( 21 min )
    10 Countries With the Highest Incomes
    Learn more about the top 10 countries that have the most disposable income per capita.  ( 24 min )
    Dow Jones Today: Index Moves Higher on Lower Volume
    Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.  ( 16 min )
    What Is a Covenant? Definition, Meaning, Types, and Examples
    A covenant is a commitment in a bond or other formal debt agreement that certain activities will or will not be undertaken.  ( 30 min )
    8 Unusual Ways Businesses Can Borrow Money
    More and more alternative lenders have emerged for business owners. But beware: Some offer better terms than others.  ( 20 min )
    CFA Certifications: Advantages and Disadvantages
    Earning the CFA certification can be a grueling process. Before you commit, read what it takes to become a CFA and how it could benefit your career.  ( 25 min )
    3 Reasons Why Countries Devalue Their Currency
    Ever since world currencies abandoned the gold standard, many currency devaluation events have sent disruptive ripples across the globe.  ( 22 min )
    Almost 80% of Would-Be Homebuyers Fear Getting Priced Out of the Market Says Realtor.com
    More than two-third of potential homebuyers say they would be sidelined if the Federal Reserve continues to hike interest rates and a lack of homes on the market push prices higher.  ( 16 min )
    US Solar Installations Hit Q1 Record as Delayed Projects Came Online
    The amount of power produced from Q1 solar installations in the U.S. was up 47% from 2022, setting an all-time Q1 high as delayed projects came online.  ( 16 min )
    What Is a Homeowners Association (HOA) and How Does It Work?
    A homeowner association (HOA) makes and enforces rules for a subdivision, planned community, or condominium building; its members are residents.  ( 26 min )
    What Is an Invoice? It's Parts and Why They Are Important
    An invoice records itemized transactions and is used for expense management and bookkeeping.  ( 25 min )
    How Apple Makes Money
    iPhones are the biggest revenue source, but its services business has the largest margins.  ( 27 min )
    Carvana Boosts Guidance on Cost Savings, and Shares Soar
    Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.  ( 16 min )
    Top Consumer Discretionary Stocks for June 2023
    Light & Wonder, Rivian Automotive, and MINISO Group Holding are the top consumer discretionary stocks for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    Financing: What It Means and Why It Matters
    Financing is the process of providing funds for business activities, making purchases, or investing.  ( 24 min )
    How Investing in a Turnkey Property Works
    Turnkey properties can make sense for people who want a real estate investment without truly being in the real estate business.  ( 22 min )
    Monopolistic Competition: Definition, How it Works, Pros and Cons
    Monopolistic competition exists when many companies offer competitive products or services that are similar, but not exact, substitutes.  ( 25 min )
    Fiat Money: What It Is, How It Works, Example, Pros & Cons
    Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver.  ( 28 min )
    Minority IPO Defined
    A minority IPO, also known as a partial IPO, is a type of initial public offering (IPO) in which a parent company partially divests itself of one of its subsidiaries.  ( 18 min )
    Flipping Houses: How it Works, Where to Start, and 5 Mistakes to Avoid
    Far too many novice house flippers overlook the basics and end up failing. These are the five biggest mistakes that would-be flippers make.  ( 27 min )
    Hire Purchase Agreements: Definition, How They Work, Pros and Cons
    Hire purchase agreements allow buyers to purchase expensive goods, but they don't own the goods until the last installment has been paid.  ( 23 min )
    What Is a Payment Gateway? How It Works and Example
    A payment gateway is the front-end technology that reads payment cards and sends customer information to the merchant acquiring bank for processing.  ( 22 min )
    SEC Chair Doubles Down on Need For Crypto Regulation
    Just days after suing some of the largest crypto exchanges in the world, SEC chief Gary Gensler was scathing in his criticism of crypto firms, saying that they are subject to U.S. securities laws.  ( 17 min )
    How to Invest in LGBTQ+-Friendly Companies
    Research shows that companies with socially inclusive, LGBTQ+-friendly policies have stronger employee retention and improved share performance.  ( 24 min )
    How Does the Envelope Budgeting System Work?
    The envelope budgeting system is designed to make it easier to track cash spending each month. Learn how it works.  ( 22 min )
    5 Companies Owned by Square (Block)
    Stitch Labs, Weebly, Verse Technologies, Eloquent Labs, and Third Party Trade are all major companies owned by Square (Block).  ( 23 min )
    Absolute Advantage: Definition, Benefits, and Example
    Absolute advantage allows an entity to produce a greater quantity of the same good or service with the same constraints than another entity. Learn how it impacts trade.  ( 26 min )
    Discount Rate Defined: How It's Used by the Fed and in Cash-Flow Analysis
    "Discount rate" has two distinct definitions. It can refer to the interest rate the Federal Reserve charges banks for short-term loans, but it's also used in future cash flow analysis.  ( 28 min )
    Elon Musk’s 5 Best Investments
    Read about some of the most important and impressive investments of Elon Musk, the engineer and tech superstar who has founded multiple businesses.  ( 23 min )
    Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause
    U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.  ( 16 min )
    Commercial Office Vacancy Rates Don't Tell the Whole, Troublesome Story
    As office leases expire, tenants will downsize, leaving landlords unable to pay mortgages.  ( 17 min )
    International Petroleum Investment Company (IPIC)
    The International Petroleum Investment Company (IPIC) is an investment organization that manages the wealth fund for Abu Dhabi, United Arab Emirates.  ( 17 min )
    Today's Mortgage Rates & Trends - June 8, 2023: Rates Dip
    Rates on 30-year mortgages dipped slightly, keeping them wavering in a narrow range over the last four days. Averages were also down or steady for almost every other loan type.  ( 19 min )
    Excess Judgment Loss Definition
    An excess judgment loss is the additional amount that an insurer must pay above the policy limit.  ( 19 min )
    Signet Jewelers Lowers Outlook as Mother's Day Sales Disappoint
    Signet Jewelers shares fell after it cut its guidance on slow Mother's Day sales and consumer caution.  ( 16 min )
    American Express CD Rates: April 2023
    American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 20 min )
    IRS Error Hits Some Disaster-Affected California Taxpayers with Incorrect Due Dates
    The Internal Revenue Service has apologized to taxpayers who were sent payment demands months ahead of schedule.  ( 17 min )
    Lenders: Definition, Types, and How They Make Decisions on Loans
    A lender is an individual, a group, or a financial institution that lends funds with the expectation that the funds will be repaid.  ( 22 min )
    GameStop Shares Sink after the Retailer Fires CEO, Elevates Ryan Cohen
    GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.  ( 17 min )
    Consumer Bankers Association (CBA) Definition
    The Consumer Bankers Association (CBA) is a U.S. trade organization representing financial institutions offering retail lending products and services.  ( 20 min )
    What Is a Billionaire?
    A billionaire is an individual who has assets or a net worth of at least one billion currency units, such as dollars or euros.  ( 20 min )
    Special Economic Zone (SEZ) Meaning and Relation to FDI
    A special economic zone is a designated area in a country that is subject to unique economic regulations that differ from other areas in the same country.  ( 22 min )
    Top Healthcare Stocks for June 2023
    Top healthcare stocks include Theravance Biopharma for best value, Dr Reddy's Laboratories for fastest growth, and Viking Therapeutics for most momentum.  ( 21 min )
    Top Consumer Staples Stocks for June 2023
    Cal-Maine Foods is top for value and e.l.f. Beauty is top for growth and momentum, respectively  ( 20 min )
    Unemployment Claims Surged Last Week. Is the Labor Market Weakening?
    Claims for unemployment insurance were made at a rate not seen since October 2021, signaling that the high-flying labor market may finally be losing altitude.  ( 16 min )
    Simple Loan Calculator
    Investopedia’s simple loan calculator will help you understand what your potential monthly payment would be and what you need to know before taking out a loan.  ( 16 min )
    U.S. Savings Bonds vs. CDs: What’s the Difference?
    U.S. savings bonds and certificates of deposit (CDs) are both safe investments that offer modest returns. Which one you choose depends on your time line.  ( 24 min )
    What Does Ltd. (Limited) Mean After a Business Name?
    Ltd. is an abbreviation for "limited," a type of incorporation used in the United Kingdom, Ireland, Canada, and other Commonwealth countries.  ( 22 min )
    Is Eurozone In a Recession? Depends on Your Definition of a Recession
    While the region's gross domestic product hit a statistically significant marker of a recession, economists have not yet sounded the alarm.  ( 16 min )
    Loan Amortization Calculator
    A loan amortization schedule shows how much interest and principal you will be paying off each month for the term of a loan.  ( 15 min )
    New York City Rents Are Breaking Records—And Are Expected to Keep Growing
    New lease signings surged in May and listings were still historically low, putting pressure on rent prices in Manhattan, Queens and Brooklyn.  ( 17 min )
    Sampling: What It Is, Different Types, and How Auditors and Marketers Use It
    Sampling is a process used in statistical analysis in which a group of observations are extracted from a larger population.  ( 25 min )
    5 Things to Know Before Markets Open
    President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair. Here’s what investors need to know today.  ( 18 min )
    Understanding Credit Card Interest
    Charging you interest is one way that credit card companies make money. Here is how credit card interest works—and how to pay less of it.  ( 27 min )
    What Is an Asset? Personal and Business Assets
    An asset is a resource owned by an individual or business that provides present or future value.  ( 22 min )
    Emergency Banking Act of 1933: Definition, Purpose, Importance
    The Emergency Banking Act of 1933 was passed to restore investor confidence and stabilize banks in the wake of the Great Depression.  ( 24 min )
  • Open

    Dow Jones Futures: Boeing, Apple Chipmaker In Buy Areas; Tesla Runs Late On GM Deal
    No content preview
    The bear market is over. Here's why investors see better days ahead.
    Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.  ( 6 min )
    The 'mother of all melt-ups' in stocks could be quickly followed by a meltdown as the bubble in overvalued names pops, Ed Yardeni says
    No content preview
    Blackstone Says PE Investors Lack Extra Cash: Bloomberg Invest
    (Bloomberg) -- The Bloomberg Invest conference resumed Thursday with some of the most influential leaders in finance gathering in New York for conversations on a wide range of topics, including artificial intelligence, cryptocurrencies and venture capital.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resume  ( 13 min )
    Top CD Rates Today, June 8, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    DocuSign Shares Climb With Turnaround Efforts Under Way
    The e-signature company has cut jobs and changed leadership in response to slower growth.  ( 27 min )
    Delta Air Lines Profit Expected To Soar 75%
    No content preview
    If You Don’t Like It, Leave: CZ's Message to Employees After SEC Leaks Chat Logs
    According to a translated copy of an internal memo, Binance's CEO said the leaked chat logs "did a lot of damage."  ( 6 min )
    Real-estate tycoon Jeff Greene made $800 million shorting the last housing bubble. He explains how John Paulson inspired the contrarian bet, and how he's protecting his wealth today.
    No content preview
    Boeing Is Rising Again as Travel Rebound Lifts Aviation Stocks
    The stock just missed finishing at a new 52-week closing on Thursday. There are a couple of reasons the shares have been gaining ground.  ( 34 min )
    Carvana Short Sellers Lose $1 Billion After Record Rally
    (Bloomberg) -- Short sellers in Carvana Co. just passed a grim milestone: more than $1 billion in losses this year.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersA hot streak for the struggling used-car dealer has spelled only troub  ( 7 min )
    DocuSign Shares Soar on Strong Revenue and Billings
    E-signature company DocuSign beat street estimates on every metric. The company raised full-year guidance.  ( 22 min )
    Google has officially changed its mind about remote work
    Yet another big tech baron is beckoning workers back to the office. Now Google is doubling down on enforcing in-person work, according to a new company notice.  ( 9 min )
    The S&P 500 is in a bull market. Here's what that means and how long the bull might run
    The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low. WHY IT IS CALLED A BULL MARKET? Wall Street’s nickname for a surging stock market is a bull market because bulls charge, said Sam Stovall, chief investment strategist at CFRA.  ( 7 min )
    Carvana stock, heavily shorted, gains 56% after outlook update
    Carvana stock surged Thursday on its updated guidance and a focus on profitability.  ( 7 min )
    'This Really Needs To Stop': Elon Musk Just Slammed Ireland's Plans To Slaughter 200K Cows For Climate Change — 3 Top Green Stocks That Actually Make A Difference
    Cows, like all living mammals, produce greenhouse gases, which could threaten their existence. According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets. Not everyone is a fan of this method. “Reports like this only serve to further fuel the view that the government is working behind the scenes to undermine our dairy and livestock sectors,” said Tim Cullinan, president of the Irish Farmers’ Association. It also  ( 9 min )
    Stocks rise, S&P 500 enters new bull market: Stock market news today
    Stocks have now risen more than 20% since their October lows, marking a new bull market for the S&P 500.  ( 8 min )
    Bud Light is no longer America's best-selling beer
    Mexican-style lager Modelo Especial outsold the popular Anheuser-Busch last month, new sales data shows.  ( 6 min )
    Billionaire investor Ray Dalio says the US is at the start of a debt crisis - and worse times are ahead for the economy
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    SEC Seeks ‘Alternative Means’ to Serve Papers to Binance’s Zhao
    (Bloomberg) -- The US Securities and Exchange Commission asked a federal court for permission to use “alternative means” to serve papers to Binance Holding Ltd. and Changpeng Zhao, noting that the crypto executive is “famously protective of revealing his whereabouts.”Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersLeaving New York for Miami Can  ( 6 min )
    Warren Buffett's Advice For Introverts: Conquering Fears And Mastering Communication
    Warren Buffett, the brilliant billionaire investor renowned for his frugality and investment genius, has proven time and again that his wisdom extends far beyond the realm of finance. Recently, Buffett offered direct advice to introverts seeking to navigate the fast-paced and often extrovert-centric business landscape, shedding light on his own experiences and the strategies he employed to overcome obstacles. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Sta  ( 7 min )
    Let’s Try ‘Return to Work’ Without the Stunts
    Costumed retreats and ‘vibe managers’ ignore the fact that offices aren’t supposed to be fun  ( 26 min )
    Carvana stock, heavily shorted, jumps 50% after outlook update
    Carvana stock surged Thursday on its updated guidance and a focus on profitability.  ( 7 min )
    Cathie Wood Slams the SEC, Claims Coinbase Will Come Out a Winner
    ARK Invest’s CEO said that the SEC’s prompt action against Coinbase following the Binance lawsuit was “unfortunate.”  ( 7 min )
    AI Stocks Aren’t in a Bubble. Look at the Numbers.
    Microsoft, Nvidia, AMD, Meta Platforms, and Alphabet stocks have surged. They aren't in bubble territory, however, when considering valuations relative to historical data.  ( 22 min )
    Nikola Shareholders Reject Plan for More Stock Shares
    The electric-vehicle maker, which needs cash for the production of trucks, extends voting to July.  ( 28 min )
    Qualcomm May Be a Hidden AI Winner, Says Analyst. Smartphone Chips Are Why.
    TD Cowen analyst Matthew Ramsay says chips within phones, such as those the company makes, could handle some of the processing for AI queries.  ( 22 min )
    UPDATE 1-Trump asks for new trial in E. Jean Carroll sex abuse case -court filing
    Donald Trump on Thursday asked for a new trial in the civil case brought by E. Jean Carroll, in which a Manhattan jury last month found the former U.S. president liable for sexually abusing and defaming the writer and awarded her $5 million in damages. In a filing in Manhattan federal court, Trump's lawyers said the jury's $2 million award for the sexual abuse portion of the verdict was "excessive" because the jury had found that Carroll was not raped, and that the conduct Carroll alleged did not cause any diagnosed mental injury. A lawyer for Carroll had no immediate comment.  ( 6 min )
    Kim Kardashian seeks secret of private equity success as rising rates bite
    BERLIN (Reuters) -Reality star Kim Kardashian's arrival at a gathering of the globe's top deal brokers in Berlin failed to dispel their dark mood as the rising cost of money puts the brakes on the private equity industry. Flanked by bodyguards, Kardashian drew a crowd of hundreds of executives at the SuperReturn industry event, saying she wanted to learn the secrets of investing having set up her own fund last year. Talking about her ambitions, Kardashian, whose empire spans skincare and underwear, sought what she called the "magic sauce" or special qualities of founders of companies which her fund, that has yet to make an investment, could back.  ( 7 min )
    Supreme Court Says Jack Daniel’s Can Sue Maker of ‘Bad Spaniels’ Dog Toy
    The Supreme Court said the distiller of Jack Daniel’s whiskey could pursue a trademark claim against the maker of Bad Spaniels, a dog toy resembling a famous liquor bottle.  ( 30 min )
    How Google plans to finally force workers back to the office
    A year ago, Google greeted staff members coming back to the office for the first time with a lavish party.  ( 10 min )
    Carvana Shares Jump Nearly 50% as Company’s Profit Outlook Improves
    The online used-car retailer says its cost-cutting efforts are taking hold.  ( 34 min )
    Oil Prices Dive After Report of U.S.-Iran Talks
    U.S. crude prices fell nearly 5% Thursday after a report of U.S.-Iran talks on a temporary nuclear deal that would allow the Islamic Republic to export more crude. Middle East Eye reported that the countries are [nearing a stopgap agreement](https://www.middleeasteye.net/news/iran-us-nuclear-near-i  ( 20 min )
    Three Unexpected Reasons Oil Prices Are Lower Than Expected
    Research firm Energy Aspects is slashing its oil price forecast by $15 a barrel for the second half of the year, citing three factors that don't ordinarily play a major role in the game of predicting crude's direction. According to Energy Aspects' report out today: Higher rates: Interest r  ( 22 min )
    Tesla Stock Rises Again. It’s About the Cybertruck This Time.
    Tesla stock is on pace for its 10th consecutive gain. Here's one reason why the shares are on fire.  ( 25 min )
    Kevin O'Leary says if Coinbase CEO worked for him, 'I'd fire him'
    O’Leary criticized Coinbase Global (COIN) leadership for “butting heads” with the SEC – which on Tuesday sued the cryptocurrency exchange for acting as an exchange, a broker, and a clearing agency without registering.  ( 8 min )
    QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns
    (Bloomberg) -- The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning of liquidity from markets, hitting risk assets while driving bond yields and the dollar higher, according to BNP Paribas SA.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseLeaving New York for Miami Can Save Nearly $200,0  ( 7 min )
    Tesla Stock’s Hot Streak Keeps Rolling
    Shares of Tesla just keep on rising. The electric automaker's stock, recently up nearly 4% to about $232, is on track to finish higher for a tenth straight session, according to Dow Jones Market Data. That would represent its longest winning streak since an 11-session run that ended in January 202  ( 19 min )
    Carvana stock jumps 25% after outlook update
    Carvana (CVNA) stock was trading 25% higher on Thursday after the online car retailer raised its outlook.  ( 7 min )
    What's Going On With FuelCell Energy's Stock Today
    FuelCell Energy Inc (NASDAQ: FCEL) reported second-quarter FY23 revenues of $38.35 million, more than double from $16.38 million a year ago, beating the consensus of $25.45 million. "Revenue growth in the quarter was largely driven by revenues from long-term service agreements, primarily relating to the new module exchanges at the plant owned by Korea Southern Power Company ("KOSPO") in Korea that were completed during the quarter," commented Jason Few, President and Chief Executive Officer. The  ( 7 min )
    Don’t Fear the Bull Market. Why Stocks Are Headed Higher.
    The stock market has climbed a wall of worry to start the year and is nearing a bull market. Now the fun part begins. It’s time to enjoy a new bull market.  ( 38 min )
    Debt Ceiling Deal Spurs the Market
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    As A.I. stocks soar, here’s what top investors like Ray Dalio, Dawn Fitzpatrick, and Stan Druckenmiller think of their prospects
    "I'm extremely excited. I think that this is a the greatest revolution—bigger than the internet revolution," said famed investor Dalio, who founded Bridgewater Associates.  ( 7 min )
    Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.
    Sara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.  ( 25 min )
    ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks to Take Advantage
    Last summer, Elon Musk went on record describing lithium as ‘the new oil,’ pointing out that the light metallic element now forms a vital link in the automotive industry and supply chain. Lithium is an essential component of modern rechargeable battery technology and is found in everything from smartphones and tablets to laptop computers to electric-powered bicycles and automobiles. That last application, to electric vehicles (EVs), is a rapidly growing niche, as both political and social incent  ( 10 min )
    Stocks flat as investors weigh economic data, GameStop shakeup: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    How to Split Gifts on a Tax Return
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    9 Stocks That Could Be Dropped From the S&P 500
    Lower market values make companies vulnerable to being bounced from the key index.  ( 25 min )
    Carvana Shares Soar on Forecast of Improved Financial Results
    (Bloomberg) -- Shares in used-car retailer Carvana Inc. soared as much as 32% in premarket trading after the struggling company said its operations are improving in the second quarter.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’Messi Spurns $400 Million Saudi Offer to Join B  ( 7 min )
    Dow Jones Futures Fall After Surprise Jump In Jobless Claims; GME Stock Crashes 22% After Firing CEO
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    Roth IRA vs. Annuity: Which Is Better For My Retirement Lifestyle?
    There are different financial vehicles that you can use to save for retirement. A Roth individual retirement account is one option; an annuity is another. A Roth IRA annuity combines features of both into a single financial tool. You can … Continue reading → The post Using a Roth IRA Annuity for Retirement appeared first on SmartAsset Blog.  ( 9 min )
    Is $6 Million Enough For Me to Retire at 55?
    With smart money management, retiring at 55 years old with $6 million could be a breeze. But a lot of work has to go into the strategies you make and the actions that you take. That also includes how you … Continue reading → The post Is $6 million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 9 min )
    Carvana Stock Jumps on Improved Second-Quarter Outlook
    Carvana now anticipates to achieve second-quarter adjusted Ebitda of $50 million.  ( 22 min )
    GameStop stock tanks after company fires CEO
    Gamestop fired its CEO Wednesday with no explanation. Wall Street hasn't reacted positively.  ( 8 min )
    Stock futures flat as investors weigh economic data, GameStop shakeup: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    Your Stocks Can Make You A Millionaire — Here's How
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    FuelCell’s Revenue More Than Doubles. The Stock Is Falling Anyway.
    FuelCell reports a second-quarter loss of 9 cents a share on revenue of $38.3 million.  ( 25 min )
    Stock futures flat ahead of new economic data: Stock market news today
    Stocks were little changed on Thursday as the artificial intelligence driven rally awaits a new catalyst.  ( 8 min )
    Sell Fisker Stock, Says Analyst. There’s Just Too Much EV Competition.
    Wolfe Research analyst Shreyas Patil downgraded shares of EV start-up Fisker to Sell from Hold, Thursday, according to stock market ratings aggregators. His price target for the stock is $6.  ( 22 min )
    Nikola Needs Votes. Stock Drops as Meeting Adjourned to Garner Support.
    The start-up, which makes trucks powered by battery and hydrogen fuel cells, wants to issue more shares, a necessary precursor to raising more capital.  ( 22 min )
    Daily Spotlight: Bull Market Beginning?
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    Technical Assessment: Bearish in the Intermediate-Term
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    Semtech Stock Soars. It’s Not Just a Surprise Profit That’s Lifting Hopes.
    A new CEO is set to join the chip supplier which analysts say could result in aggressive actions around costs leading to a turnaround.  ( 22 min )
    Market Digest: IART
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    Daily – Vickers Top Insider Picks for 06/08/2023
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    Daily – Vickers Top Buyers & Sellers for 06/08/2023
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    The US Big Tech Bull Case Is Starting to Show Signs of Fatigue
    (Bloomberg) -- The artificial intelligence hype that has propelled US technology stocks in the past few weeks is showing signs of fatigue.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersTech is the worst-performing industry group in  ( 8 min )
    Google ramps up return-to-office push by using in-person attendance as part of employee performance reviews
    Google would also allow a full-time remote arrangement only in exceptional cases, the tech giant said.  ( 9 min )
    Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp Traders
    (Bloomberg) -- Bonds are slumping from the US to Australia as early hawkish signs from this month’s slew of central-bank meetings spurred traders to renew bets on an extended interest-rate hiking cycle. Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023Tech Stocks Sputter as Traders Consider July Hike: Markets WrapFlights to LaGuardia Airport Grounded as Smoke Blankets NYCMessi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiDam Destroyed in the Dead  ( 7 min )
    These 2 Energy Stocks Could Get a Boost From Falling Prices
    Oil producers Devon Energy and Marathon Oil stand to gain as their operational costs ease, says Citigroup.  ( 22 min )
    Analysis-Fading risks, fear of missing out may fuel US stocks after near 20% rally
    Worries that have dogged U.S. stocks for months are fading, pushing some Wall Street firms to raise their outlooks for equities and beckoning investors who have remained on the sidelines. Signs of strength in the economy, relief over a deal to raise the U.S. debt ceiling and an interest rate hiking cycle that may be nearing its end have heartened investors and driven the benchmark S&P 500 up nearly 20% from its October low - one definition of a bull market. And while computer-driven strategies have been piling into the market for months, according to Deutsche Bank, positioning among discretionary investors -- a cohort that includes everyone from active mutual funds to retail investors -- is lighter than it has been 74% of the time since 2010, the bank’s data showed.  ( 8 min )
    Bonds Are Back. Where Vanguard’s Bond Boss Sees Value Now.
    Sara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.  ( 22 min )
    The worst liquidity crunch since the Lehman Brothers crisis will be the stock market's biggest obstacle this summer, JPMorgan's chief equity strategist says
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    Gold jumps as US dollar, yields dip after jobless claims data
    Gold prices climbed more than 1% on Thursday as the dollar and bond yields slipped after data showed U.S. weekly jobless claims surged last week, cementing expectations that the Federal Reserve will pause its interest rate hiking cycle. Spot gold rose 1.4% to $1,967 per ounce by 12:03 p.m. EDT (1603 GMT). The number of Americans filing new claims for unemployment benefits surged last week, suggesting that the labour market was slowing amid mounting risks of a recession.  ( 7 min )
    Dow Jones Futures: Market Rally Turns Upside Down; Here's What To Do Now
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    Copper Slump Will Give Way to Record Buying Spree, Citi Says
    (Bloomberg) -- Investors look set to pile into the copper market on an unprecedented scale in the next few years as usage surges in electric vehicles and renewable energy, according to Citigroup Inc.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiBonds Everywhere Are Suffering as Rate-Hike Fears Swamp TradersFlights to LaGuardia Air  ( 9 min )
    Oil falls, pares losses on White House rebuttal of Iran deal report
    Oil prices fell $3 a barrel on Thursday as demand weakness and a report that the U.S. and Iran may be approaching a deal on oil exports outweighed expectations of tighter Saudi supply and a potential pause to U.S. interest rate hikes. Oil fell on a news report, citing sources, that Iran and the U.S. are nearing a temporary deal that would trade some sanctions relief in exchange for reducing Iran's uranium enrichment. At an OPEC+ meeting on Sunday, Saudi Arabia said it will cut its crude output by 1 million barrels per day in July on top of a broader deal to limit supply into 2024 as the producer group seeks to boost flagging prices.  ( 7 min )
    Javice Accuses Prosecutors, SEC of ‘Hide-the-Ball’ Tactics
    (Bloomberg) -- A lawyer representing Charlie Javice accused the US of deploying “hide-the-ball” legal tactics in an effort to gain an advantage in its criminal prosecution of the Frank founder.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiBonds Everywhere Are Suffering as Rate-Hike Fears Swamp TradersFlights to LaGuardia Airport G  ( 8 min )
    Nikola Adjourns Meeting to Marshal Shareholder Support
    The company wants to issue more shares, a necessary precursor for raising more capital.  ( 22 min )
  • Open

    Dow Jones Today: Index Moves Higher on Lower Volume
    Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.  ( 1 min )
    Markets Rise, Led by Tech Stocks, on Optimism the Fed Might Pause Rate Increases
    Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.  ( 1 min )
    Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause
    U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.  ( 1 min )
    5 Things to Know Before Markets Open
    President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair. Here’s what investors need to know today.  ( 1 min )
  • Open

    Carvana Boosts Guidance on Cost Savings, and Shares Soar
    Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.  ( 1 min )
    Signet Jewelers Lowers Outlook as Mother's Day Sales Disappoint
    Signet Jewelers shares fell after it cut its guidance on slow Mother's Day sales and consumer caution.  ( 1 min )
    GameStop Shares Sink after the Retailer Fires CEO, Elevates Ryan Cohen
    GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.  ( 1 min )
  • Open

    NU+ | Hier kun je aankloppen voor financiële, sociale of mentale hulp
    Een op de tien volwassenen heeft te maken met opstapelende mentale problemen. Om hulp vragen kan moeilijk zijn, zeker als je niet weet waar je terechtkunt. NU.nl zet een aantal mogelijkheden op een rijtje.  ( 4 min )
    Kaag: 'Graaiflatie een frame dat je niet zomaar kunt gebruiken'
    De term graaiflatie kun je niet zomaar op alle prijsstijgingen plakken, vindt minister Sigrid Kaag (Financiën). Volgens haar doet de term geen recht aan de werkelijkheid. De bewindsvrouw sluit niet uit dat er alsnog maatregelen komen om de inflatie te dempen.  ( 5 min )
    Auto opladen op Terschelling dubbel zo duur als in Staphorst of Losser
    Prijzen aan de laadpaal voor elektrische auto's verschillen enorm per gemeente. Een strategische oplaadplek kan per maand meerdere tientjes schelen.  ( 4 min )
    Europese chipbedrijven kunnen miljarden euro's tegemoetzien
    Bedrijven in de Europese chipsector ontvangen de komende tijd 8,1 miljard euro voor tientallen verschillende projecten. Met het geld kunnen bedrijven zoals ASML innovaties ontwikkelen die van Europa een voorloper moeten maken op het gebied van chiptechnologie.  ( 3 min )
    Accountants moeten van toezichthouder scherper naar frauderisico kijken
    Accountants kijken te oppervlakkig naar het risico op fraude bij bedrijven. Daardoor is de kans groot dat ze onregelmatigheden in de boekhouding over het hoofd zien, meldt toezichthouder AFM op basis van onderzoek.  ( 3 min )
    Huren gaan volgende maand paar procent verder omhoog
    Wie een woning huurt van een corporatie betaalt vanaf juli gemiddeld 2,4 procent meer dan nu. Voor ongeveer 600.000 huishoudens gaat de huur juist omlaag, om ze te ontzien in tijden van hoge inflatie.  ( 4 min )
    Accountants moeten van AFM scherper naar frauderisico kijken
    Accountants kijken te oppervlakkig naar het risico op fraude bij bedrijven. Daardoor is de kans groot dat ze onregelmatigheden in de boekhouding over het hoofd zien, meldt toezichthouder AFM op basis van onderzoek.  ( 3 min )
    Nedcar-personeel mag geheim document van opdrachtgever BMW toch inzien
    De ondernemingsraad (or) van autofabriek VDL Nedcar mag een geheim document van opdrachtgever BMW toch inzien. Het concern beëindigt het contract voor de bouw van MINI's in Born voortijdig en betaalt VDL daarom een afkoopbedrag. Nu kan de or nagaan of een groot deel van dat geld terechtkomt bij medewerkers die hun baan verliezen.  ( 4 min )
    Video | Gasveld Groningen mogelijk dicht, hoe wordt zo'n gasveld gesloten?
    Het Groningenveld gaat dit jaar mogelijk dicht. Maar hoe wordt een gasveld nou precies gesloten?  ( 3 min )
    Beleggingsbank BinckBank krijgt half miljoen euro boete voor overtreden regels
    Het beleggingsplatform BinckBank heeft een boete van een half miljoen euro gekregen. Waakhond AFM oordeelt dat BinckBank niet genoeg deed om te bepalen of haar klanten genoeg kennis van de beleggingsmarkt hadden.  ( 3 min )
    Bagagebedrijven op Schiphol krijgen boete als ze sjouwwerk niet snel verlichten
    Alle zes bedrijven die bagage op Schiphol verplaatsen, hangt een boete boven het hoofd. De fysieke belasting voor medewerkers is gevaarlijk voor de medewerkers, oordeelt de Arbeidsinspectie. In maart bleek dat de bagageafhandelaars niet de nodige veranderingen hebben doorgevoerd.  ( 3 min )
    Eurozone zat begin dit jaar tóch in een recessie
    De economie van de landen met de euro is in het eerste drie maanden van dit jaar onverwacht in een recessie belandt. Volgens herziene cijfers van het Europese statistiekbureau Eurostat kromp de economie van het eurogebied met 0,1 procent ten opzichte van een kwartaal eerder. Ook wordt nu een krimp van 0,1 procent voor het vierde kwartaal van 2022 gemeld door het statistiekbureau.  ( 3 min )
    Steeds meer Nederlanders zijn bezorgd over hun geldzaken in de toekomst
    Voor het eerst in tien jaar is het aantal mensen dat zich zorgen maakt over de eigen financiële toekomst gestegen. Het gaat vooral om jongeren en alleenstaande ouders.  ( 4 min )
    Rabobank verwacht dit jaar een economische groei van 0,6 procent
    De Nederlandse economie groeit dit jaar waarschijnlijk met 0,6 procent en in 2024 met 0,9 procent. Dat verwachten economen van de Rabobank ondanks de economische krimp in het eerste kwartaal.  ( 4 min )
    Zorgen over bezuiniging op mensen met beperking: 'Overheid zet ons goed klem'
    Wie vanwege een chronische ziekte of een beperking een traplift nodig heeft, moet straks mogelijk meer betalen. Het kabinet wil dat mensen met een beperking vanaf 2026 een inkomensafhankelijke bijdrage gaan leveren aan de zogeheten Wmo-voorzieningen. Mensen met een handicap reageren kritisch op de bezuiniging: "We leven al aan de rand van de maatschappij."  ( 6 min )

  • Open

    Investors should buy the dip as the stock market will keep climbing amid a trifecta of bearish voices, Fundstrat says
    No content preview
    Coinbase CEO on SEC lawsuit: 'This will get resolved'
    Coinbase CEO Brian Armstrong spent Wednesday pushing back on a new legal challenge from the SEC and offering assurances that the firm would get through its current turmoil.  ( 8 min )
    GameStop Shares Fall as It Terminates CEO and Ryan Cohen Becomes Executive Chairman
    Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer.  ( 28 min )
    Black workers at California Tesla factory allege rampant racism, seek class-action status
    Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination at the electric automaker’s San Francisco Bay Area plant, including frequent use of racial slurs and references to the manufacturing site as a plantation or slave ship. The testimonies filed Monday in Alameda County Superior Court comes from contractors and employees who worked on the production floor of the factory in Fremont, roughly 40 miles (65 kilometers) southeast of San Francisco. Lawyers suing Tesla, Inc. estimate at least 6,000 workers could be part of the class.  ( 8 min )
    China stretched its gold-buying spree into the 7th straight month in May, signaling more central bank de-dollarization
    China continued to amass gold, adding an additional 16 tons in May, while its foreign currency reserves fell, Bloomberg reported.  ( 7 min )
    Flood of US Renewable Projects Risks ‘Breaking’ Power Markets
    (Bloomberg) -- The potential for a flood of US renewable projects driven by new tax incentives is at risk of “breaking” power markets by pushing electricity prices to negative levels, according to Wells Fargo.Most Read from BloombergMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsThese Are the World’s 20 Most Expensive Cities for Expats in 2023Messi Spurns $400 Million Saudi Offer to Join Beckham’s MiamiFlights to LaGuardia Airport Grounded as Smoke Blankets NYCTech Stocks Sputte  ( 6 min )
    Mastercard and Visa Tumble on New Bill Threat. Analysts Don’t See a Problem.
    Legislation to improve compeition among credit-card networks is set to be reintroduced in Congress.  ( 22 min )
    Rivian seeks to shed 350,000 square feet of industrial space in Hayward
    Electric vehicle manufacturer Rivian is making a big move in Hayward, though it's not good news.  ( 14 min )
    Top CD Rates Today, June 7, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Billionaire investor Stanley Druckenmiller warns there are ‘more shoes to drop’ and says Silicon Valley Bank was ‘probably the tip of the iceberg’
    Billionaire investors are worried. Stanley Druckenmiller sees a "hard landing" on the way and bond king Jeffrey Gundlach is warning that economic indicators are now "full-on recessionary."  ( 8 min )
    Seeking at Least 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
    Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering dividends of at least 10% yield – that’s almost 6x higher the averag  ( 10 min )
    West Coast dockworkers making $200K demand higher pay
    Dockworkers who keep West Coast cargo flowing are highly paid. Their bid for even higher pay is starting to affect the cargo flow. The post West Coast dockworkers making $200K demand higher pay appeared first on FreightWaves.  ( 8 min )
    Amazon plans ad-supported streaming tier amid race for profitability: Report
    Amazon is reportedly planning an ad-supported tier for Prime Video, joining the ranks of Netflix and Disney amid a race to make streaming more profitable.  ( 8 min )
    Ray Dalio Says US at Beginning of ‘Late, Big-Cycle Debt Crisis’
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    Binance CEO's trading firm received $11 billion via client deposit company, SEC says
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    Critical vote count due in Nikola’s bid to stay in business
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    For years, the wealthiest investors and institutions have enjoyed exclusive access to lucrative investment opportunities, leaving retail investors with limited choices. Hedge funds like William Harnisch's Peconic Partners and Michael Burry’s Scion Asset Management produced total returns of 191.5% and 159.79%, respectively, over the past three years. The minimum investment required to participate in funds like these often ranges from $500,000 to $1 million. Retail investors, on the other hand, ha  ( 7 min )
    Apple needs to buy Disney to make Vision Pro a success: Analyst
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    One winner in the SEC's clash with crypto: bitcoin
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    Affirm stock soars on new deal with Amazon Pay
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    Yext Heads for Best Day Ever. A Sleeping AI Stock Is Waking Up.
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    Cathie Wood Grabs $21 Million Of Coinbase Stock After SEC Complaint
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    This Schwab Stock Cash-Secured Put Could Return 29% At An Annualized Rate
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    Apple’s Coming iPhone 15 Puts Company in a ‘Massive Position of Strength’
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    Stocks edge higher after China exports slump: Stock market news today
    US stocks opened upward on Wednesday, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )
    ‘These Are the Best You Would Get,’ Goldman Sachs Says About 2 ‘Strong Buy’ Stocks
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    Supermicro Stock Seen Rising 34% More Amid AI Spending Spree
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    Dow Jones Futures Rise With Tesla Set To Hit New 2023 High. Netflix Jumps On Price Target Hikes.
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    Daily – Vickers Top Insider Picks for 06/07/2023
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    Goldman: S&P 500 is undervalued because of the AI boom
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    Fisker U.S. Sales Are About to Begin. That Means Cash From Government Programs.
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    9 S&P 500 Stocks Are Screaming Buys According To The 'Fed Model'
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    Stock futures trade broadly flat after China exports slump: Stock market news today
    US stock futures were broadly flat on Wednesday morning, after a surprise drop in Chinese exports and economic headwinds flagged by the OECD stoked fresh concerns about global growth.  ( 8 min )
    Netflix Stock Can Jump 18% on Password Sharing Crackdown, J.P. Morgan Says
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    Daily Spotlight: Farewell to the Bear?
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    Wall Street’s Once-Hot Trades of 2023 Are Unraveling in Markets
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    These Stocks Are Moving the Most Today: Coinbase, Yext, Netflix, Stitch Fix, GameStop, and More
    Coinbase shares rise modestly following a slump in the previous session after the SEC sued the cryptocurrency broker, Yext raises its fiscal-year revenue and profit guidance, and GameStop and Campbell Soup are scheduled to post quarterly earnings.  ( 22 min )
    China steps up support for Putin as Western sanctions bite - latest updates
    China’s total trade with Russia has soared to levels not seen since the beginning of Vladimir Putin’s war in Ukraine, official data showed, as Beijing steps up support for its sanctions-hit ally.  ( 24 min )
    Brands that get caught up in the culture wars don’t know themselves–or their customers
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    China Big Four State Banks Said to Cut Dollar Deposit Rates
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  • Open

    Wealthfront Launches Automated Bond Portfolio
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    Campbell Soup Shares Slump as Shoppers Pull Back After Price Hikes
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    Stitch Fix Beats Estimates and Plans More Cost-Cutting Moves
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  • Open

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    How To File a Pet Insurance Claim
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    What Are the Trends in Home Equity Rates?
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    The Factors of a "Good" Location
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    Cost Basis Basics: What It Is, How to Calculate, and Examples
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    Natural Monopoly: Definition, How It Works, Types, and Examples
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    CEOs Lower Economic Outlook on Worries About Inflation, Interest Rate Hikes
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    Campbell Soup Shares Slump as Shoppers Pull Back After Price Hikes
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    Markets Close Mixed in Anticipation of Fed Rate Moves
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    What Is Total Quality Management (TQM), and Why Is It Important?
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    Top CD Rates Today, June 7, 2023
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    Porter Diamond Model: What It Is and How It Works
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    E*TRADE vs. Fidelity: Which Should You Choose?
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    What Is Tragedy of the Commons in Economics?
    The tragedy of the commons is an economic problem where the individual consumes a resource at the expense of society.  ( 25 min )
    Fed-Watchers Expect Rate Hike Pause Next Week
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    Systematic Investment Plan (SIP): Definition and Example
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    Navy Federal CD Rates: June 2023
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    Edward Jones CD Rates in 2023
    Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 21 min )
    Supply Chains Have Healed From Pandemic Disruptions
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    Wells Fargo Savings Account Interest Rates: June 2023
    Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 20 min )
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    Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 18 min )
    BMO Harris CD Rates: June 2023
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    What Is the Secondary Market? How It Works and Pricing
    A secondary market is a market where investors purchase securities or assets from other investors, rather than from issuing companies themselves.  ( 24 min )
    How the Texas Power Grid Works and Why It Failed
    In the winter of 2021, Texas had days-long electricity blackouts due to power grid problems. What happened and how can they fix it going forward?  ( 21 min )
    Top Utilities Stocks for June 2023
    Enel Chile, Capital Power, and Cadiz lead for value, growth, and momentum, respectively.  ( 20 min )
    Find Your Niche Financial Advisory Market
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    Cryptocurrency Futures Defined and How They Work on Exchanges
    Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )
    How To Get a Mortgage When Self-Employed
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    10 Biggest Mining Companies
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    Top Tech Stocks for June 2023
    Daqo New Energy, Canadian Solar, and Tingo Group top the list of tech stocks based on best value, fastest growth, and most momentum, respectively.  ( 22 min )
    Today's Mortgage Rates & Trends - June 7, 2023: Rates Flat
    Rates on 30-year mortgages are holding steady, after climbing an eighth of a point over the previous two days. But the 15-year and jumbo 30-year rate averages rose.  ( 19 min )
    Mortgage Applications Fell For a Fourth Week
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    US Equities Mixed at Midday as Energy Stocks Gain
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    SEC Files Emergency Action to Freeze Binance.US Assets
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    51% Attack: Definition, Who Is At Risk, Example, and Cost
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    Securitization: Definition, Pros & Cons, Example
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    Stitch Fix Beats Estimates and Plans More Cost-Cutting Moves
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    Dave & Buster's Reports All-Time Highs for Profit and Sales
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    What Is a Pro Forma Invoice? Required Information and Example
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    Retirement Money Market Account: Overview, Benefits, and Examples
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    What Is a Chartered Accountant (CA) and What Do They Do?
    A chartered accountant (CA) designation is a credential granted to accounting professionals in countries around the world outside of the United States.  ( 24 min )
    Cathie Wood's ARK Buys $20 Million in Coinbase Shares After SEC Troubles
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    Disbursement: What It Is, How It Works, Types, and Examples
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    10 Biggest Biotechnology Companies
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    Dupont Analysis: The Dupont Formula Plus How To Calculate and Use It
    The DuPont analysis is a framework for analyzing fundamental performance popularized by the DuPont Corporation.  ( 30 min )
    Do CD Rates Go up When the Prime Goes Up?
    Changes in the prime rate don't directly impact rates that banks pay on certificates of deposit (CDs), but the two may both go up around the same time.  ( 23 min )
    What Credit Score Do You Need for a Personal Loan?
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    What Is a Bank Identification Number (BIN), and How Does It Work?
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    What Is an Account History? Definition in Finance
    An account history is a record that keeps track of all activity within an account such as trades, purchases, and other transactions. Learn what's included.  ( 22 min )
    Monetary Policy vs. Fiscal Policy: What's the Difference?
    Monetary policy involves decisions by central banks on issues such as interest rates. Fiscal policy typically is established legislatively and addresses issues such as tax rates and government spending.  ( 24 min )
    Probability Distribution Explained: Types and Uses in Investing
    A probability distribution is a statistical function that describes possible values and likelihoods that a random variable can take within a given range.  ( 22 min )
    Housing Inventory Grew 21.5% Year-Over-Year in May
    While inventory improved from a year earlier, the growth rate slowed for a third straight month.  ( 16 min )
    5 Things to Know Before Markets Open
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    What Is an Arm's Length Transaction? Its Importance, With Examples
    In an arm's length transaction, the buyer and seller act independently and have no relationship to each other.  ( 23 min )
    Poll: 84% of Customers Want Government To Encourage Banks to Cut Overdraft Fees
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    The Peter Principle: What It Is and How to Overcome It
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    Polish Zloty: Meaning, History, Special Considerations
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    How to Cut Financial Advisor Expenses
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  • Open

    Markets Close Mixed in Anticipation of Fed Rate Moves
    Markets closed mixed on Wednesday, June 7, 2023 as investors focused on the Fed's rate moves.  ( 1 min )
    Dow Jones Today: CAT Lifts Up Index Up
    Caterpillar and Goldman Sachs lead the Dow higher, while Salesforce drops on management shakeup.  ( 1 min )
    US Equities Mixed at Midday as Energy Stocks Gain
    U.S. equities were mixed at midday on Wednesday, June 7, 2023, as tech and communication stocks weighed on the major indexes.  ( 1 min )
    5 Things to Know Before Markets Open
    Falling Chinese exports could point to a global slowdown and all Tesla Model 3s now qualify for the federal electric vehicle tax credit. Here’s what investors need to know today.  ( 1 min )
  • Open

    Steeds meer Nederlanders maken zich zorgen over hun geldzaken in de toekomst
    Voor het eerst in tien jaar is het aantal mensen dat zich zorgen maakt over zijn of haar financiële toekomst gestegen. Vooral jongeren en alleenstaande ouders maken zich zorgen.  ( 3 min )
    Voorlopig geen broodtekorten: bakkers blazen staking af na nieuw loonbod
    Vakbonden FNV en CNV hebben stakingen bij drie industriële bakkerijen afgeblazen. Daarmee worden supermarkten zoals Albert Heijn niet meer geraakt door broodtekorten. Maar plaatselijke bakkers zijn misschien wel de pineut.  ( 3 min )
    Rutte gaat ervan uit dat eind dit jaar geen gas meer wordt gewonnen in Groningen
    Zoals het er nu naar uitziet, stopt de gaswinning uit het Groningenveld dit najaar volledig. Dat zei premier Mark Rutte woensdag in debat met de Tweede Kamer. Op dit moment wordt er nog een minimale hoeveelheid gas gewonnen, waardoor de putten open kunnen blijven.  ( 4 min )
    Brussel onderzoekt kunstgraskartel, inval bij Nederlands bedrijf Ten Cate
    De Europese Commissie (EC) heeft onaangekondigde bezoeken gedaan bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden. Er is onder andere een inval gedaan bij het Nederlandse bedrijf Ten Cate, bevestigt CEO Michael Vogel aan NU.nl.  ( 3 min )
    We vergokten afgelopen jaar 6,5 miljard euro bij de Nederlandse Loterij
    De omzet van Nederlandse Loterij kwam afgelopen jaar op 6,5 miljard euro uit. Een jaar eerder was dat nog geen 3 miljard euro. De ruime verdubbeling van de inleg komt vooral doordat dit het eerste volle jaar was waarin online gokken meespeelde.  ( 3 min )
    Rutte hint erop dat gaswinning uit Groningenveld nog dit jaar helemaal stopt
    Zoals het er nu naar uitziet, stopt de gaswinning uit het Groningenveld dit najaar volledig. Dat zei premier Mark Rutte woensdag in debat met de Tweede Kamer. Op dit moment wordt er nog een minimale hoeveelheid gas gewonnen, waardoor de putten open kunnen blijven.  ( 4 min )
    NS gaat grote groep reizigers veel minder terugbetalen bij vertraging
    Bij vertraging krijgen claimende treinreizigers met een vrijreisabonnement vanaf deze week tot tientallen euro's minder terug. De vergoeding is niet meer op basis van de normale ritprijs, maar op basis van de abonnementskosten.  ( 6 min )
    NS-abonnees krijgen tot tientallen euro's minder terug bij vertraging
    Bij vertraging krijgen claimende treinreizigers met een vrijreisabonnement vanaf deze week tot tientallen euro's minder terug. De vergoeding is niet meer op basis van de normale ritprijs, maar op basis van de abonnementskosten.  ( 6 min )
    Brussel onderzoekt prijsafspraken kunstgras, inval bij Nederlands bedrijf Ten Cate
    De Europese Commissie (EC) heeft onaangekondigde bezoeken gedaan bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden. Er is onder andere een inval gedaan bij het Nederlandse bedrijf Ten Cate, bevestigt CEO Michael Vogel aan NU.nl.  ( 3 min )
    Europese Commissie doet onderzoek naar verboden prijsafspraken in kunstgras
    De Europese Commissie (EC) brengt onaangekondigde bezoeken bij verschillende Europese bedrijven die kunstgras maken. Volgens Brussel zijn er vermoedens dat de bedrijven de concurrentieregels hebben overtreden.  ( 2 min )
    DNB-baas waarschuwt dat grote loonsverhogingen de inflatie hoog houden
    Centralebankpresident Klaas Knot is bezorgd over loonsverhogingen van 10 procent of meer die de laatste tijd worden afgesproken bij cao-onderhandelingen. Daardoor kan het moeilijker worden om de inflatie tot bedaren te brengen, zo zei de DNB-president woensdag in de Tweede Kamer.  ( 3 min )
    Privacywaakhond onderzoekt of ChatGPT stiekem persoonsgegevens verzamelt
    De Autoriteit Persoonsgegevens (AP) heeft OpenAI in een brief gevraagd of AI-chatbot ChatGPT stiekem persoonsgegevens verzamelt. Ook wil de toezichthouder weten of de kunstmatige intelligentie achter de chatbot leert van wat gebruikers aan hem vragen.  ( 3 min )
    Massale staking bij sociale werkplaatsen om hoger loon af te dwingen
    Duizenden medewerkers van sociale werkbedrijven hebben woensdag actiegevoerd voor een flinke loonsverhoging. Door de inflatie hebben ze steeds meer moeite om hun rekeningen te betalen. De werkgevers willen best over de brug komen, maar vinden dat het Rijk moet bijleggen.  ( 3 min )
    Doorstart kledingmerk Scotch & Soda kostte 60 miljoen euro
    Het Amerikaanse bedrijf Bluestar Alliance heeft 60 miljoen euro betaald om het van oorsprong Amsterdamse kledingmerk Scotch & Soda een doorstart te laten maken. Dat meldt Het Financieele Dagblad (FD).  ( 3 min )
    Batman wint juridische strijd: Italiaanse designer mag logo niet gebruiken
    Batman is als winnaar uit de strijd gekomen in een zaak over het logo van de superheld. Het Hof van Justitie van de Europese Unie vindt het Batman-logo onderscheidend genoeg om een beroep te mogen doen op bescherming als handelsmerk.  ( 3 min )
    Bakkers nemen geen genoegen met kruimels en gaan twee dagen staken
    Ongeveer driehonderd bakkers leggen morgen voor twee dagen het werk neer. Dat doen zij omdat er nog geen nieuwe cao is. Het gaat om personeel van Bakkerij Borgesius in Arnhem en Aalsmeer en Dutch Bakery in Eindhoven.  ( 3 min )
    Batman wint strijd tegen Italiaanse designer om handelsmerk
    Batman is als winnaar uit de strijd gekomen in een zaak over het logo van de superheld. Het Hof van Justitie van de Europese Unie vindt het Batman-logo onderscheidend genoeg om een beroep te mogen doen op bescherming als handelsmerk.  ( 3 min )
    Euro wordt steeds populairder onder Zweedse bevolking
    Het idee om de euro in te voeren wordt steeds aantrekkelijker voor de Zweedse bevolking. Nu de Zweedse kroon steeds minder waard wordt door de inflatie, is de steun voor de gemeenschappelijke munt groter dan ooit.  ( 3 min )
    Door hoge energieprijzen kopen we meer apparaten met een A-label
    Consumenten hebben vanwege de stijgende energiekosten vorig jaar meer geïnvesteerd in de verduurzaming van huishoudelijke apparaten. In 2022 was er meer vraag naar elektrische huishoudelijke apparaten met een A-label.  ( 3 min )
    Meer investeringen in verduurzaming van onze huishoudelijke apparaten
    Consumenten hebben vanwege de stijgende energiekosten vorig jaar meer geïnvesteerd in de verduurzaming van huishoudelijke apparaten. In 2022 was er meer vraag naar elektrische huishoudelijke apparaten met een A-label.  ( 2 min )
    Spaarrente bij SNS en RegioBank ook naar 1 procent
    SNS en RegioBank verhogen de rente op spaartegoeden tot en met 100.000 euro naar 1 procent. Dat heeft de Volksbank, waar deze banken toe behoren, bekendgemaakt. Daarmee volgen ze het voorbeeld van de grote banken.  ( 2 min )
    Turkse lira zakt steeds verder weg ten opzichte van euro en dollar
    De Turkse lira heeft woensdag een nieuw dieptepunt bereikt ten opzichte van de dollar en de euro. De munt verliest sinds de definitieve uitslag van de verkiezingen steeds meer terrein vanwege zorgen over de economische koers van Turkije.  ( 3 min )
    Boeing moet levering Dreamliners uitstellen vanwege productiefout
    Boeing moet de levering van ongeveer negentig 787 Dreamliners uitstellen, omdat er bij de productie fouten zijn ontdekt. Het is een grote tegenvaller voor de Amerikaanse vliegtuigbouwer, die juist hard werkt om te voldoen aan de groeiende vraag naar zijn langeafstandsvliegtuigen.  ( 3 min )
    Koperdiefstal bij zonneparken neemt toe, met tonnen schade tot gevolg
    Zonnepaneelparken krijgen steeds vaker te maken met koperdieven, hoort de brancheorganisatie Holland Solar van haar leden. "Het begint echt een probleem te worden." De koperprijs ligt hoog, wat diefstal interessant maakt.  ( 4 min )
    We besteden meer aan diensten zoals verzekeringen en het openbaar vervoer
    Consumenten hebben in april iets meer besteed dan in dezelfde maand vorig jaar. Ze gaven vooral meer uit aan diensten, zoals verzekeringen, het openbaar vervoer en een bezoek aan een restaurant of de kapper.  ( 3 min )
    Ons internet wordt steeds duurder, maar providers maken geen cent extra winst
    De vier grootste internetproviders van Nederland hebben sinds begin dit jaar forse prijsverhogingen aangekondigd of doorgevoerd. Ondanks de flinke prijsstijgingen is er volgens experts geen sprake van graaiflatie. Sterker nog, de winst van internetaanbieders staat onder druk.  ( 4 min )
    Boeing moet levering nieuwe Dreamliners uitstellen vanwege productiefout
    Boeing moet de levering van ongeveer negentig 787 Dreamliner-vliegtuigen uitstellen omdat er bij de productie fouten zijn ontdekt. Dat heeft de Amerikaanse vliegtuigbouwer laten weten. Voor Boeing gaat het om een tegenvaller aangezien het concern juist hard werkt om te voldoen aan de stijgende vraag naar zijn langeafstandsvliegtuigen.  ( 3 min )

  • Open

    Boeing delays shipments of the 787 Dreamliner for a flaw in the tail section of the planes
    Boeing said Tuesday that deliveries of its 787 Dreamliner have been halted again by another manufacturing issue, the latest in a string of setbacks affecting the two-aisle jet. The company said it is inspecting fittings on part of the tail called the horizontal stabilizer “for a nonconforming condition.” The inspections and repairs will affect near-term deliveries but won’t alter the company’s forecast of deliveries for the full year.  ( 7 min )
    Kevin O’Leary: Binance Will Be “Starved of Oxygen” by SEC’s Lawsuit
    The “Shark Tank” star says today’s top digital asset firms are likely destined to live on only in history books.  ( 8 min )
    Is It Time To Buy Gold Stocks And ETFs After Banking Crisis? Here's What Charts Show
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    Dow Jones Masks Strong Market Breadth; This Cathie Wood Stock Soars As Another Plunges
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    US house prices may slide as their recent strength and steeper mortgage rates hit demand, Wharton professor Jeremy Siegel says
    No content preview
    Top CD Rates Today, June 6, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    The PGA Took LIV Golf’s Money. That’s Good News for 2 Stocks.
    An unusual merger is sending shares of Topgolf Callaway Brands higher.  ( 22 min )
    Boeing Delays Dreamliner Deliveries After New Defect Found
    The FAA said the plane maker notified regulators of the latest issue.  ( 27 min )
    Tesla Stock Has 25% Upside, and EVs Are Just a Part of It, Says Analyst
    Piper Sandler says there's opportunity in solar and heat pumps, too.  ( 22 min )
    Apple and Other Tech Stocks’ Rally Could Falter. What to Buy Instead.
    If some of highest-flying tech stocks should start to lose steam, other sector stocks could step in to support the market rally.  ( 22 min )
    Traders raise bets on stocks falling as S&P 500 nears new bull market
    The S&P 500's surge to start 2023 has investors increasingly wary on what might happen next for markets.  ( 8 min )
    Charles Schwab Cash Sorting Woes May Linger Into 2024
    History suggests Schwab’s cash sorting woes should abate, but this time could be different, caution Bank of America analysts. Here’s why.  ( 22 min )
    US Cash Pile Leaps by Most Since Tax Day After Debt-Limit Suspension
    (Bloomberg) -- The amount of money the US government had to pay its bills jumped on Monday to the highest level in two weeks as the Treasury rebuilds its cash pile in the wake of the Washington’s debt-ceiling suspension. Most Read from BloombergUkraine Dam Blast Blamed on Russia Tips War Into New PhasePGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownApple Headset Looks Sleek in Person But Battery Pack Stands OutBrothers Fi  ( 6 min )
    Harvard’s Rogoff Sees 10-Year Yield North of 4% in Coming Years
    (Bloomberg) -- Former International Monetary Fund chief economist Kenneth Rogoff sees interest rates heading higher in coming years, with the yield on the 10-year Treasury note averaging above 4% for the rest of the decade.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailSEC’s Coinbase Lawsuit Heralds Deepening US Crypto Crac  ( 7 min )
    Apple buys AR headset startup Mira: report
    Apple Inc has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the U.S. military, the Verge reported, citing a post from Mira CEO's private Instagram account on Monday and a person familiar with the matter.  ( 6 min )
    New 787 Dreamliner issue could slow delivery of 90 jets in Boeing's inventory
    Boeing said on Tuesday it is slowing deliveries of its 787 Dreamliner after the company discovered a new production flaw, but expressed optimism that it can still deliver 70-80 of the widebody jets this year as planned. The problem, which does not pose a flight safety concern, involves a fitting for the 787's horizontal stabilizer made by a Boeing production facility in Salt Lake City, Utah, the company said. Boeing will need to inspect all 90 Dreamliners in its inventory before they can be delivered, and it expects it will take two weeks to fix each aircraft, the company added.  ( 7 min )
    Apple’s new headset created a ‘sell-the-news’ event according to KeyBanc analyst who says short-term revenue gains will be ‘immaterial’
    Wall Street’s impression of Vision Pro was lackluster.  ( 8 min )
    Housing: It's cheaper to buy than rent in only 4 major US cities, study shows
    These were also the only places where more than 50% of homes in each respective market were more affordable to purchase than rent.  ( 9 min )
    The VIX Is Flirting With Its Early 2020 Low. What It Means.
    The CBOE Volatility Index, or VIX, which measures the expected volatility of the U.S. stock market, is on pace to close at the lowest level in more than three years. The index was at 14.26, down 3.2% on Tuesday, nearing its February 2020 low. The move points to a lack of major concerns in the stoc  ( 22 min )
    Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62?
    How much am I able to earn from an employer if I opt to take my Social Security at age 62 next year? – Glenn To be very clear, you can earn as much money as you want while collecting … Continue reading → The post Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62? appeared first on SmartAsset Blog.  ( 8 min )
    Coinbase sued by SEC, stock tumbles nearly 15%
    Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.  ( 8 min )
    Analyst Report: Leidos Holdings Inc
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    Analyst Report: BJ`s Wholesale Club Hldgs In
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    AT&T ‘Has Led the Way Down’ for Telecoms. Why the Stock Still Grabbed an Upgrade.
    The wireless carrier snags an upgrade, but analysts still see plenty of reasons to be cautious.  ( 22 min )
    Nikola Stock Is Dropping Again. The SPAC Boom Is Fully a Bust.
    Shares of battery and hydrogen fuel-cell trucking firm Nikola hit a new 52-week intraday low on Tuesday. They have dropped more than 99% from their record high of almost $94.  ( 22 min )
    3 REITs With Upgrades To Start The Week
    There’s an old saying on Wall Street to “sell in May and go away.” While that may be true for some stocks, it won’t necessarily hold true for some real estate investment trusts (REITs) that began the first full week in June on a high with analyst upgrades. Take a look at three REITs that could benefit from some positive analyst words this week: DigitalBridge Group Inc. (NYSE: DBRG) is a Boca Raton, Florida-based diversified REIT that owns and operates data centers as well as cell towers, digital  ( 9 min )
    Market Update: AAPL, BJ, ETR, LDOS
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    Shopify Stock Offers New Entry Amid Expected 715% Profit Growth
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    Tesla Stock Is Booming As Questions Swirl Around How Model 3 Is Now Tax Credit Eligible
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    A major insurance company let employees work remotely but the new CEO reversed the policy. Employees say it’s a ‘power move that is frankly disgusting’
    Move spurs calls to unionize.  ( 6 min )
    Bud Light sales keep slipping in another 'very weak' week
    Bud Light sales see slight improvement as declines begin to get smaller. (Though still substantial) Molson Coors, meanwhile, continues to gain share.  ( 9 min )
    Tesla Stock Has 25% Upside, and EVs Are Just a Part of It, Says Analyst
    Piper Sandler analyst Alexander Potter has a $280 price target on Tesla stock, and the electric-vehicle business only accounts for $135 of it. There's opportunity in solar and heat pumps.  ( 22 min )
    Apple and Other Tech Stocks’ Rally Could Falter. Here’s What to Buy Instead.
    If some of highest-flying tech stocks should start to lose steam, other sector stocks could step in to support the market rally.  ( 22 min )
    Billionaire Paul Singer Is Heavily Invested in These 2 ‘Strong Buy’ Stocks Despite Recession Fears
    Investors hoping to get a good readout on where the markets might be heading – switch off now, as Billionaire Paul Singer has some bad news for you. The founder of Elliott Management – a firm with around $56 billion in assets under management – says the US economy is staring at an “extraordinarily dangerous and confusing period.” On top of the challenging macro environment, Singer cites high valuations, the prospects of paltry returns in real estate and financial assets and the “significant chan  ( 10 min )
    'Talk of $100 oil is pie in the sky,' says strategist
    Oil is back down again on Tuesday, despite Saudi Arabia's recent production cut announcement. The problem is demand, say strategists.  ( 7 min )
    Novocure Stock Gets Relative Strength Rating Upgrade, Then Drops 30%
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    Ciena Stock Drops Amid Sales Slowdown In Key Market
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    Fintech Tingo's shares slump as Hindenburg takes short position
    The short-seller alleged that the company fabricated its financials and criticized founder Dozy Mmobuosi's claims of having developed "the first mobile payment app in Nigeria". Tingo did not immediately respond to a Reuters request for comment. The New Jersey-based holding company operates in Africa, Southeast Asia and the Middle East, and its units have ventured into agri-fintech, food processing and insurance brokerage.  ( 6 min )
    Cracker Barrel Hit by Dining Decline. The Stock Falls as It Misses on Earnings.
    The restaurant chain missed analysts' expectations for its third quarter. Guidance for the next three months also disappointed the Street.  ( 22 min )
    Bitcoin Crashes as SEC Sues Coinbase and Binance. Where Prices Could Stop Falling.
    U.S. regulators have taken aim at the heart of the crypto sector with charges against two of the most influential digital asset exchanges this week.  ( 22 min )
    Stocks drift lower, oil loses more ground: Stock market news today
    US stocks opened lower on Tuesday, with the S&P 500 (^GSPC) slipping 0.18%, the Nasdaq Composite (^IXIC) dipping 0.35% and the Dow Jones Industrial Average (^DJI) falling 0.12%.  ( 8 min )
    Coinbase sued by SEC, stock tumbles nearly 20%
    Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.  ( 8 min )
    Academy Sports + Outdoors Misses Earnings, Sales in Q1, Charges Ahead on Expansion Plan
    The retailer is still bullish on its robust store expansion plan, despite a slow start to the year.  ( 8 min )
    Harvard’s future of work professor sees one job in particular disappearing because of A.I.
    The future looks “a lot less dull and a lot less routine” and will rely plenty on human brain power, Joseph Fuller tells Fortune.  ( 7 min )
    Who Has to Pay an Inheritance Tax?
    There comes a time in all of our lives when we have to say goodbye to a family member or friend. If you were close with the person who passed away, you might discover that they've left you something in … Continue reading → The post What You Need to Know About Inheritance Tax appeared first on SmartAsset Blog.  ( 8 min )
    How Much Is a Decent Retirement Home Going to Cost Me?
    A retirement home is a private facility that offers seniors care and support. These facilities typically have amenities and services that cater to the needs of seniors, including meal preparation, housekeeping, medical care and social activities. Here's a breakdown of … Continue reading → The post Retirement Home: Cost and Service Guide appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 65 with $2.5 Million?
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    Coinbase Faces Hit of 30% or More from SEC Charges, Analysts Say
    The SEC on Tuesday charged the crypto broker with securities violations spanning years, taking aim at core elements of its business.  ( 22 min )
    Mobileye Stock Falls. Intel Found a Way to Cash in on AI.
    Intel will sell shares worth around $1.4 billion of self-driving technology company Mobileye.  ( 22 min )
    SEC Sues Coinbase, Alleges It Is Unregistered Broker-Dealer
    The regulator said the U.S.’s largest crypto platform violated rules that require it to register as an exchange.  ( 28 min )
    Apple Stock Just Got a Downgrade. Why the Vision Pro Goggles Don’t Excite This Analyst.
    The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.  ( 22 min )
    Coinbase Stock Drops After SEC Sues Crypto Exchange
    Shares of Coinbase fell 15% in premarket trading Tuesday after the Securities and Exchange Commission sued the crypto company for allegedly violating securities law. The SEC charged Coinbase for operating as an unregistered securities exchange, broker and clearing agency. The move comes a day after  ( 20 min )
    Merck sues US government to halt Medicare drug price negotiation
    Merck & Co said it sued the U.S. government on Tuesday, seeking an injunction of the drug price negotiation program contained in the Inflation Reduction Act (IRA), which it argues violates the Fifth and First Amendments to the U.S. Constitution. The lawsuit, expected to be filed in the U.S. District Court for the District of Columbia, argues that under the law, drugmakers would be forced to negotiate prices for drugs in the government's Medicare health insurance program at below market rates. Merck asserts this violates the part of the Fifth Amendment that requires the government to pay just compensation for private property taken for public use.  ( 7 min )
    The Stock Market Is Trying to Break Out. Morgan Stanley Expects a Big Drop.
    The investment bank forecast a decline of 10% or more for the S&P 500, citing high valuations and risks to corporate earnings.  ( 22 min )
    These Stocks Are Moving the Most Today: GitLab, Sprinklr, Unity Software, AT&T, Apple, and More.
    Shares in GitLab surged in premarket trading after the software company beat earnings expectations in its fiscal first quarter, provided upbeat guidance, and said customers were looking to its AI-powered platform  ( 23 min )
    We're in the midst of a market 'melt-up': Morning Brief
    The stock market just won't go down — even when headlines don't look good. Some analysts are calling this a "melt up" and it signals a broadening of a stock rally.  ( 7 min )
    Seeking Bullish Stock Charts? Cup Without Handle Amazingly Easy To Spot
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    4 Stocks From Our Popular Screen Are Near Buy Points
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    It's Time To Sell 3 Of The S&P 500's 10 Best Stocks, Says Morningstar
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    Stock futures drift lower, oil loses more ground: Stock market news today
    Stock futures traded slightly lower on Tuesday, while wheat soared after a Ukraine dam blast.  ( 8 min )
    GitLab Stock Is Surging. It’s Another AI Play.
    The company reported fiscal first-quarter earnings late Monday, playing up its artificial intelligence credentials, and investors clearly liked what they heard.  ( 22 min )
    Analyst Report: Oshkosh Corp
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    Analyst Report: Restaurant Brands Intl In
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    Analyst Report: Merck & Co Inc
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    Daily Spotlight: Argus's Favored Classes, Segments
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    Technical Assessment: Bearish in the Intermediate-Term
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    Market Digest: KSS, MRK, OSK, QSR
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    Oil Price Rally Fizzles After Saudi Production Cuts Fail to Impress
    Saudi Arabia's plan to boost oil prices isn't working. Oil prices slid Tuesday, erasing gains that followed a Saudi plan to slash output, as fears about weak global demand out  ( 20 min )
    Dow Jones Futures Fall: Market Rally Retreats On Apple; 5 Stocks In Buy Areas
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    Mobileye Stock Falls on Stake Sale. Intel Finds a Way to Cash in on the AI Rally.
    Intel will sell shares worth around $1.4 billion of self-driving technology company Mobileye.  ( 22 min )
    Bitcoin Risks 15% Fall Amid Binance Panic. How SEC Charges Can Actually Help Crypto.
    Intervention by regulators into cryptocurrencies has historically benefited the industry, and this time could be the same, says one chief investment officer.  ( 22 min )
    Daily – Vickers Top Buyers & Sellers for 06/06/2023
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    Daily – Vickers Top Insider Picks for 06/06/2023
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    4 Fortune 500 companies are led by openly LGBTQ CEOs. Here’s what they’ve said about their experience in corporate America
    In the nearly nine years since Apple CEO Tim Cook publicly came out as gay, three more openly LGBTQ CEOs helm Fortune 500 companies.  ( 9 min )
    Investors race to withdraw deposits from Binance amid 'web of deception' claims - latest updates
    The price of Bitcoin plunged after the world’s largest cryptocurrency exchange and its founder were accused of a “web of deception” by US regulators.  ( 8 min )
    These Stocks Are Moving the Most Today: Gitlab, Unity Software, Apple, Sprinklr, and More.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )
    Apple Just Got a Downgrade. Another Analyst Sees Headset Reveal as a ‘Sell the News’ Moment. Here’s Why.
    The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.  ( 22 min )
    European shares flat on rate-hike jitters; Novo Nordisk jumps
    European shares were range-bound on Tuesday as worries of further interest rate hikes by major central banks in the face of slowing economic growth countered support from healthcare giant Novo Nordisk. The pan-European STOXX 600 index inched 0.1% higher to 460.42 points. Danish drug developer Novo Nordisk rose 3.5%, as trading resumed following a holiday in Copenhagen on Monday.  ( 7 min )
    TSMC Says Capex to Be Near Low End of Target at $32 Billion
    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc. grapples with soft demand for smartphone and computing chips.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorgan Stanley Expects a Shock  ( 8 min )
    The Fed’s man-made housing market recession hit so hard that 4 real estate titans just lost their Fortune 500 status
    Rocket Companies and Zillow just fell out of the Fortune 500. Here's why.  ( 9 min )
    Oil Falls as Optimism Over Saudi-Led Production Cut Fades Fast
    (Bloomberg) -- Oil edged lower as traders weighed the outlook for supply and demand after Saudi Arabia’s surprise pledge for extra supply cuts.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyWest Texas Intermediate  ( 7 min )
    A New CEO Says Employees Can’t Work Remotely After All, and They Revolt
    After Farmers Group told staff last year they would be remote, some sold cars or moved cities. Now, the insurer’s new leader says, they must come to the office.  ( 26 min )
    The stock market's fear gauge just hit its lowest level in 3 years as a new bull market kicks off
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    Market Rally Retreats On Apple Reveal, But Not Much; 5 Stocks In Buy Areas
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    A billionaire investor who predicted the '08 crisis and the post-COVID inflation spike sees 'significant' recession risk and a prolonged period of low asset returns
    The US economy is in an "extraordinarily dangerous and confusing" time, which will result in "a lengthy period of low returns," Paul Singer said.  ( 6 min )
    Bitcoin, Ether skid; BNB drops more than 10% after U.S. securities regulator sues Binance
    All top 10 non-stablecoin cryptocurrencies took a sharp fall Tuesday morning in Asia, after the SEC sued Binance over alleged securities violations.  ( 7 min )
    Over 100% Upside: Analysts See an Appealing Entry Point in These 2 Small-Cap Stocks
    If there’s one way to describe the markets recently, that would be top-heavy. The mega-caps, the largest US companies, have been outperforming the broader indexes, and by their very size they are pulling the rest of the markets along. To give an idea of the scale, the three largest S&P-listed companies are Apple, Microsoft, and Alphabet; together, they have a combined market cap over $6.9 trillion and make up a big chunk of the S&P 500’s total value. That $6.9 trillion is a higher market cap tha  ( 10 min )
  • Open

    R-Squared vs. Adjusted R-Squared: What's the Difference?
    Learn the difference between R-squared and adjusted R-squared and what each measures.  ( 23 min )
    Top CD Rates Today, June 6, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    How to Qualify for an SBA Loan in 2023
    An SBA loan may be an option for your business, but getting one might seem daunting. Find out what you need to qualify for an SBA loan.  ( 23 min )
    Spinoff Definition, Plus Why and How a Company Creates One
    A spinoff is a new and independent company created through the distribution of shares in an existing division or business of a parent company to its shareholders.  ( 24 min )
    Dow Jones Today: Index Higher on Bank Bounce
    The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.  ( 17 min )
    Markets Rise Modestly as Semiconductor and Regional Bank Stocks Gain
    Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.  ( 16 min )
    Applicable Federal Rate (AFR): What It Is and How To Use It
    The applicable federal rate (AFR) is the minimum interest rate that the Internal Revenue Service (IRS) allows for private loans.  ( 20 min )
    PNC Savings Account Interest Rates: June 2023
    See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 19 min )
    Chime Savings Account Interest Rates: June 2023
    Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 20 min )
    Why the U.K. Doesn't Use the Euro
    Understand why the United Kingdom opted to not join the eurozone in adopting the euro over the pound sterling as its predominant currency, even when it was part of the E.U.  ( 23 min )
    Robinhood's Cash Account Now Pays 4.65%. Here's How It Compares.
    Robinhood hiked the interest rate for its best customers' uninvested cash balances to 4.65% APY. That's great for a brokerage cash account, but you can earn more elsewhere.  ( 18 min )
    Here's How Apple’s New Savings Account Compares
    Apple's new savings account offers a competitive 4.15% interest rate, but 17 high-yield savings accounts pay at least 4.50%, with some rates as high as 5.00%, earning you more.  ( 17 min )
    Where Are Savings Account Rates Headed?
    Savings account rates have already risen to record levels over the past 14 months, but will the Fed's latest announcement bump them higher, or cause them to plateau?  ( 20 min )
    A Quick Guide to How the FAFSA Works
    How the FAFSA helps students get federal and state financial aid, including grants, loans, and even scholarships.  ( 26 min )
    World Bank Warns About Slowing Global Economic Growth
    The World Bank said the global economy is in a "precarious position" and reduced its outlook for worldwide GDP growth in 2024.  ( 16 min )
    APR vs. APY: What’s the Difference?
    APR and APY are both used to calculate interest for investment and credit products, but differ in how they affect what you earn or must pay.  ( 26 min )
    USAA CD Rates: June 2023
    USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )
    Sequoia Capital Splits into Three Units Amid US-China Tensions
    Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.  ( 16 min )
    Charles Schwab CD Rates: June 2023
    If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 19 min )
    Regulator Eyes Bank Chatbots That Give Bad Info, Trap Customers in ‘Doom Loops’
    The government’s consumer watchdog is taking a look at banks’ use of customer service chatbots, finding that automated systems sometimes fail to help customers or give them inaccurate information.  ( 17 min )
    What Is a Franchise, and How Does It Work?
    A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee.  ( 26 min )
    How to Pay for Grad School: Financing Options
    Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 22 min )
    How to Get a Student Loan Co-signer Release
    A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 21 min )
    The Effect of Fed Funds Rate Hikes on Gold
    Explore the historical relationship between interest rate increases and the price of gold, and consider what effect a fed funds rate hike might have.  ( 24 min )
    Inverse Volatility ETF Definition
    An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to bet on market stability without having to buy options.  ( 19 min )
    Small Corporate Offering Registration (SCOR) Definition
    A small corporate offering registration (SCOR) is a simplified means for smaller companies to raise capital by issuing shares.  ( 21 min )
    Cash on Delivery (COD): What It Is and How It Works
    Cash on delivery is a type of transaction in which payment for a good is made at the time of delivery.  ( 24 min )
    Benefits of Living in NJ While Working in NYC
    Living in New Jersey while working in NYC can have its advantages. Here's a look at some of them.  ( 21 min )
    How to Get Clients As a Financial Advisor
    Getting your first clients as a financial advisor can be a challenge and takes time. Learn how to get clients as a financial advisor here.  ( 24 min )
    Top Small-Cap Stocks for June 2023
    Biggest movers include Prometheus, TG Therapeutics, and Akero Therapeutics, all more than quadrupling in price in the last year while the Russell 2000 Index stays nearly unchanged.  ( 21 min )
    Guide to Finance for LGBTQ+ People
    Members of the LGBTQ+ community face many unique financial challenges related to marriage and family planning, debt, insurance, retirement, and more. Keep reading to learn more about these issues and how circumstances have changed over time.  ( 28 min )
    Closed-End Credit: What it is, How it Works, Considerations
    Closed-end credit is a loan or extension of credit in which the proceeds are dispersed in full when the loan closes and must be repaid by a specified date.  ( 23 min )
    What Is Estimated Tax and Who Must Pay It?
    Estimated tax is a quarterly payment that is required of self-employed people and business owners who do not have taxes automatically withheld.  ( 20 min )
    Top Growth Stocks for June 2023
    These are the growth stocks with the fastest EPS and revenue growth heading into June.  ( 21 min )
    Merck Sues To Stop Medicare Drug Negotiation
    Merck (MRK), the New Jersey-based maker of widely-used cancer treatment Keytruda, filed a lawsuit Tuesday in a federal court in Washington seeking to block the drug negotiation program, created by the Inflation Reduction Act of 2022, from going into effect in 2026.  ( 17 min )
    Markets Mixed Midday as Coinbase Shares Tumble Following SEC Charges
    Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.  ( 16 min )
    Today's Mortgage Rates & Trends - June 6, 2023: Rates Edge Higher
    Rates on 30-year mortgages climbed for a second day, after previously sinking to a two-week low. Averages were modestly up across most loan types, though 5/6 ARM rates declined.  ( 19 min )
    GitLab Shares Soar as AI Demand Booms
    GitLab shares soared after releasing better-than-expected quarterly results and CFO Brian Robins said the company is "poised" to benefit from a boom in AI demand.  ( 16 min )
    THOR Industries Beats Profit and Sales Forecasts, and Shares Rise
    THOR Industries shares jumped after the RV and motorhome maker reported third quarter profit and sales beat estimates.  ( 16 min )
    Binance Users Withdraw Almost $800 Million After SEC Lawsuit
    The Binance cryptocurrency exchange saw users fleeing after the SEC launched a lawsuit against the firm and its founder.  ( 17 min )
    Pros and Cons of CDs
    Certificate of deposit (CD) accounts may be better suited to some savers than others. Learn the pros and cons of using CDs to save.  ( 23 min )
    What Are Blue Chip Stocks, and Are They Good Investments?
    A blue chip stock is a company that typically has a large market cap, a sterling reputation, excellent financials, and many years of success in the business world.  ( 24 min )
    SEC Sues Coinbase for Operating an Unregistered Exchange, States Follow Up With Own Action
    Coinbase was sued by the SEC for allegedly operating as an unregistered exchange, its also under fire from ten state regulators and its stock has dropped almost 14% in early trading.  ( 17 min )
    Resume Definition: Meaning, Purpose, and What Should Not Be On Yours
    A resume is a document that job applicants use to summarize their work experience, educational background, and special skills.  ( 23 min )
    Carbon Disclosure Rating: What it is, How it Works, Example
    A carbon disclosure rating is a measure of the environmental sustainability of a company, based on voluntary disclosures by the company itself.  ( 18 min )
    Revolving Credit vs. Line of Credit: What's the Difference?
    Revolving credit and a line of credit offer flexibility with when you accesses credit, but they are not the same. Learn about the differences in these loans.  ( 25 min )
    Available Credit: Meaning and Examples in Credit Cards
    Available credit refers to how much a borrower has left to spend. This amount can be calculated by subtracting the borrower's purchases from the total credit limit.  ( 22 min )
    Top Energy Stocks for June 2023
    Saturn Oil & Gas, Vertex Energy, and Shawcor are top for best value, fastest growth, and most momentum, respectively.  ( 21 min )
    America's Top CEOs and Their College Degrees
    You might expect all of America's top CEOs to have an MBA from an Ivy League school, but they hail from all kinds of academic backgrounds.  ( 25 min )
    Moral Hazard: Definition, Meaning, Examples, and How to Manage
    Moral hazard exists when a party to a transaction has an incentive to take unusual business risks because they are unlikely to suffer potential consequences.  ( 23 min )
    Unemployment Insurance (UI): How It Works, Requirements, and Funding
    Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )
    Unemployment Claim Definition
    An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 24 min )
    5 Things to Know Before Markets Open
    Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here’s what investors need to know today.  ( 18 min )
    Unemployment Rate by State
    Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )
    What Is a Geometric Mean? How to Calculate and Example
    The geometric mean is the average of a set of products, the calculation of which is commonly used to determine the performance results of an investment or portfolio.  ( 23 min )
    Commercial Real Estate Loan
    Obtaining a commercial real estate loan is quite different from borrowing for residential real estate. Here's what to expect and how to get what you need.  ( 27 min )
    High Prices, Expensive Loans, and Tight Credit Plague 'Gridlocked' Housing Market
    The housing market is in a state of “gridlock,” according to mortgage data company Black Knight, which released a report Monday detailing obstacles facing buyers and sellers at many points in the homebuying process.  ( 18 min )
    Merchant Bank: Functions, Services, and Examples
    A merchant bank conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals.  ( 23 min )
    What Is the Unemployment Rate? Rates by State
    The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 31 min )
  • Open

    Markets Rise Modestly as Semiconductor and Regional Bank Stocks Gain
    Markets rose modestly on Tuesday, June 6, 2023, as semiconductor and regional bank stocks gained.  ( 1 min )
    Dow Jones Today: Index Higher on Bank Bounce
    The Dow Jones Industrial Average finished the session essentially flat, with tech and financial stocks helping give the index a 0.03% boost.  ( 1 min )
    Top Growth Stocks for June 2023
    These are the growth stocks with the fastest EPS and revenue growth heading into June.  ( 1 min )
    Markets Mixed Midday as Coinbase Shares Tumble Following SEC Charges
    Markets were little changed at midday on Tuesday, June 6, 2023, as banking gains were offset by declines in health care and consumer staples stocks, and Coinbase shares tumbled following SEC charges.  ( 1 min )
    5 Things to Know Before Markets Open
    Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here’s what investors need to know today.  ( 1 min )
  • Open

    Sequoia Capital Splits into Three Units Amid US-China Tensions
    Venture capital firm Sequoia Capital said it will split into three separate units. The move comes amid a rise in tensions between the U.S. and China, especially on tech issues.  ( 1 min )
    GitLab Shares Soar as AI Demand Booms
    GitLab shares soared after releasing better-than-expected quarterly results and CFO Brian Robins said the company is "poised" to benefit from a boom in AI demand.  ( 1 min )
    THOR Industries Beats Profit and Sales Forecasts, and Shares Rise
    THOR Industries shares jumped after the RV and motorhome maker reported third quarter profit and sales beat estimates.  ( 1 min )
    Merck Sues To Stop Medicare Drug Negotiation
    Merck (MRK), the New Jersey-based maker of widely-used cancer treatment Keytruda, filed a lawsuit Tuesday in a federal court in Washington seeking to block the drug negotiation program, created by the Inflation Reduction Act of 2022, from going into effect in 2026.  ( 1 min )
  • Open

    Het is mogelijk al te laat om zomerijs op de Noordpool te redden
    Zelfs als het al lukt om de uitstoot van broeikassen fors te verminderen, is de Noordpool waarschijnlijk tussen 2030 en 2050 al vrij van zomerijs. Dit betekent dat het zee-ijs in het noordpoolgebied een stuk sneller gesmolten kan zijn dan aanvankelijk werd verwacht. Dat concluderen onderzoekers dinsdag in het wetenschappelijke tijdschrift Nature Communications.  ( 4 min )
    NU+ | De basisbeurs komt terug: hier moet je als student op letten
    De Eerste Kamer heeft dinsdag unaniem gestemd voor de herinvoering van de basisbeurs. Dat betekent dat studenten vanaf september weer maandelijks geld op hun rekening gestort krijgen, dat na hun opleiding een gift wordt. Maar zorg dat je als student niet voor verrassingen komt te staan. Waar moet jij op letten?  ( 4 min )
    Shell stopt alweer met leveren van stroom en gas bij mensen thuis
    Shell trekt na iets meer dan een jaar de stekker uit Shell Energy Nederland. Ook in Duitsland en het Verenigd Koninkrijk stopt het bedrijf met het leveren van energie aan huishoudens. Dat bevestigt een woordvoerder van Shell aan NU.nl.  ( 3 min )
    Koers cryptoplatform Coinbase keldert door strafzaak in de VS
    De beurswaarde van cryptoplatform Coinbase is dinsdag met bijna 20 procent gedaald doordat de Amerikaanse toezichthouder SEC een strafzaak is gestart tegen het bedrijf. Het grootste cryptoplatform van de Verenigde Staten zou diensten aanbieden zonder de juiste vergunning.  ( 3 min )
    Maximale boete voor NS omdat vorig jaar minder treinen reden
    NS krijgt een boete van 1,5 miljoen euro omdat de spoorvervoerder vorig jaar minder treinen liet rijden. Het is het maximale bedrag dat verantwoordelijk staatssecretaris Vivianne Heijnen (Infrastructuur) kan opleggen voor het afschalen van de dienstregeling.  ( 4 min )
    Basisbeurs voor studenten komt terug met brede steun Eerste Kamer
    Na ruim vijf jaar leenstelsel keert de basisbeurs in het hoger onderwijs terug. De Eerste Kamer heeft dinsdag ingestemd met een wetsvoorstel dat daarvoor zorgt. Daardoor kunnen zo'n 435.000 studenten van hogescholen en universiteiten vanaf september weer minstens 100 euro per maand krijgen.  ( 4 min )
    Grootste cryptoplatform ter wereld onder vuur wegens 'web van leugens'
    Amerikaanse autoriteiten slepen Binance en topman Changpeng Zhao voor de rechter. Volgens beurstoezichthouder SEC hebben de ondernemer en het cryptoplatform een "web van leugens" gesponnen. Een deel van de beleggers heeft de afgelopen 24 uur hun geld weggehaald.  ( 4 min )
    Tien jaar contactloos betalen: eerst was er vrees, nu kan het zelfs bij de collecte
    Precies tien jaar geleden gaf ING de eerste bankpas uit waarmee je kon betalen zonder de pas in de automaat te steken. Winkeliers en consumenten moesten eraan wennen, maar inmiddels rekenen we ruim 400 miljoen keer per maand contactloos af. En dat kan op steeds meer plekken.  ( 4 min )
    Vakantiegeld leidt tot bestelpiek én vertraging bij PostNL
    PostNL heeft te maken met vertragingen bij het bezorgen en retourneren van pakketten. Volgens een woordvoerder is er altijd sprake van een bestelpiek wanneer het vakantiegeld gestort is en we vrije meidagen hebben. Maar er wordt nu meer besteld dan was voorzien.  ( 3 min )
    In- en uitchecken met betaalkaart in ov kan nu overal in Nederland
    Ov-reizigers kunnen sinds dinsdag overal in Nederland inchecken met een betaalkaart. Het Rotterdamse ov-bedrijf RET was de laatste vervoerder die OVpay nog niet had ingevoerd.  ( 5 min )
    Vakantiegeld leidt tot ongekende bestelpiek én vertraging bij PostNL
    PostNL heeft te maken met vertragingen bij het bezorgen en retourneren van pakketten. Volgens een woordvoerder is er altijd sprake van een bestelpiek wanneer het vakantiegeld gestort is en we vrije meidagen hebben. Maar er wordt nu meer besteld dan was voorzien.  ( 3 min )
    Duitse industrie piept en kraakt in recessie
    Duitse fabrikanten worstelen met de afkoelende wereldeconomie. In april daalde het aantal nieuwe orders weer. De moeizame staat van de industrie zorgde in de eerste maanden van dit jaar mede voor een recessie bij onze oosterburen.  ( 3 min )
    Microsoft treft miljoenenschikking na schending privacy van kinderen
    Microsoft heeft een schikking getroffen met de Amerikaanse toezichthouder FTC. Het techconcern verzamelde illegaal gegevens van kinderen onder de dertien jaar die zich aanmeldden voor gamedienst Xbox Live.  ( 3 min )
    Robots moeten het zware werk van bagagesjouwers op Schiphol overnemen
    Schiphol test een nieuwe robot die koffers kan tillen en zo het werk van het personeel kan verlichten. Ook wordt een robot getest die koffers opzij kan schuiven naar de bagageband.  ( 3 min )
    Verfmakers Histor en Sigma leggen werk neer voor hoger loon
    Bij de Amsterdamse fabriek van PPG wordt deze week gestaakt. Het personeel van de grootste verffabriek van Nederland, waar blikken van bekende merken als Histor en Sigma worden gevuld, probeert zo een hoger loon voor elkaar te boksen.  ( 3 min )
    Robots moeten het zware werk overnemen van bagagesjouwers op Schiphol
    Schiphol test een nieuwe robot die in de bagagehal koffers kan tillen en daarmee het werk voor het personeel kan verlichten. Ook wordt een robot getest die koffers opzij kan schuiven naar de bagageband. De luchthaven kondigt aan nog een aantal andere tilhulpen en volledig geautomatiseerde systemen te willen testen.  ( 3 min )
    Inflatie weer omhoog doordat energieprijzen minder hard dalen
    De inflatie was in de maand mei 6,1 procent, terwijl de prijzen in april nog 5,2 procent hoger waren dan een jaar eerder. Eten en drinken is nog altijd veel duurder dan een jaar eerder, terwijl de energieprijzen niet hard genoeg dalen om de inflatie omlaag te brengen.  ( 4 min )
    NU+ | Terwijl de hele wereld over AI praat, komt Apple met een bril
    Het leek alsof geen groot techbedrijf nog een presentatie kon geven zonder focus op kunstmatige intelligentie. Maar Apple trekt zich niets van die trend aan en zet juist vol in op augmented reality, met een bril van 3.499 dollar: de Vision Pro.  ( 5 min )
    Inflatie weer omhoog omdat energieprijzen minder hard dalen
    De inflatie was in de maand mei 6,1 procent, terwijl prijzen in april nog met 5,2 procent stegen ten opzichte van een jaar eerder. Eten en drinken blijft veel duurder dan een jaar eerder, terwijl energieprijzen niet hard genoeg dalen om de inflatie omlaag te brengen.  ( 3 min )
    In vijf jaar tijd zijn bijna alle Nederlanders al eens getroffen door een datalek
    De Autoriteit Persoonsgegevens (AP) heeft in vijf jaar tijd al meer dan 114.000 meldingen van datalekken ontvangen. Soms komen daarbij de gegevens van honderdduizenden mensen op straat te liggen. Volgens de toezichthouder is daardoor bijna iedere Nederlander al één of meerdere keren slachtoffer geworden van een datalek.  ( 6 min )

  • Open

    What Is Unemployment? Understanding Causes, Types, Measurement
    Unemployment is the term for when a person who is actively seeking a job is unable to find work.  ( 28 min )
    Free Credit Score: Is It Really Free?
    Be careful of websites making bogus offers of free credit scores. If a site asks for credit card information, you’ll most likely end up being charged.  ( 23 min )
    Continuing Claims Definition
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  • Open

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    It's time to call out some trends to watch in the stock market before hitting the surf and sand.  ( 10 min )
    Crazy Rich Investors Dump Stocks And Buy This Instead
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    Apple Stock Is on Track for Record Closing High. It Could Keep Going.
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    KKR to buy machinery maker Circor in $1.6 billion deal
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    PayPal’s 80% Stock Plunge Hasn’t Soured Wall Street
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    Johnson & Johnson's legal settlement with Amgen Inc to delay a biosimilar version of its blockbuster psoriasis treatment Stelara until January 2025 could make the drug a larger contributor to J&J’s 2024 and 2025 sales than Wall Street is forecasting. Stelara, introduced in 2009, has been J&J’s top-selling drug since 2019, with sales reaching $9.7 billion in 2022. Its patents begin to expire this year, opening the door to a cheaper biosimilar entering the market, and raising expectations that the company would need to lower the $13,000 per month price of Stelara.  ( 8 min )
    Apple Set for Record High Ahead of Mixed-Reality Headset Launch
    (Bloomberg) -- Apple Inc. is on pace to close at a record high ahead of its most significant product launch event in nearly a decade, after benefiting from a broader rotation back into technology stocks.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fea  ( 7 min )
    Trudeau Is Betting $9 Billion on a Plan to Clean Up the World’s Dirtiest Oil
    (Bloomberg) -- Canada is staking billions of dollars of public money on an oil industry plan to transform one of the world’s dirtiest crudes into one of the cleanest. But it’s relying on a technology with a checkered track record to prolong the life of a business critics say belongs in the history books.The tar that infuses the sands in Canada’s remote northwest is so sticky the region’s indigenous people traditionally used it to waterproof their canoes. It wasn’t much use for anything else unti  ( 11 min )
    The Fed’s Interest Rate Strategy Is Getting Tricky as Plans to Skip a Hike Emerge
    (Bloomberg) -- The Federal Reserve’s June meeting is shaping up to be one of the trickiest in its 15-month campaign to tame inflation: Chair Jerome Powell seems intent on skipping an interest-rate increase, while explaining to the public that officials aren’t done yet.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Supp  ( 8 min )
    Stocks to Watch Monday: Palo Alto Networks, Oil Stocks, Nvidia
    ↗️ Palo Alto Networks (PANW): The stock will join the S&P 500 benchmark, replacing Dish Network (DISH), the index compiler S&P Dow Jones Indices said. Shares in Palo Alto Networks gained mor  ( 20 min )
    Commodities Slide as Investors Bet on Economic Slowdown
    Commodity prices are in retreat, signaling a deceleration in the world economy but lending central banks a hand in their fight against inflation.  ( 28 min )
    How a former Google scientist is trying to ride the wave of China's ChatGPT-led AI boom
    No content preview
    U.S. Stock Futures Pause With PMIs in Focus After Jobs Report
    U.S. futures paused on Monday after stocks tore higher on Friday after the latest jobs report. As investors look ahead to the Federal Reserve’s monetary policy decision next week, services-sector data due in the day ahead are in focus. Futures for the Dow Jones Industrial Average advanced 30 points  ( 27 min )
    Oil Prices Rally After Saudis Vow Additional Cuts of 1 Million Barrels a Day
    Crude oil futures opened the trading week higher after Saudi Arabia said that it was cutting production on top of OPEC+ reductions. Most-actively Brent crude oil contracts jumped, and recently stood more than 2.2% higher at $77.84 a barrel. The equivalent contract for the U.S. benchmark, West Texas  ( 20 min )
    These Stocks Are Moving the Most Today: Palo Alto, Dish Network, C3.ai, Caesars Entertainment and More.
    The shares moving the most today.  ( 22 min )
    A company replaced all of its managers with coaches. Employees became 20% more productive–and much happier
    Our managers were all replaced with coaches, with a ratio of one coach per six employees.  ( 8 min )
    Tesla's China-made EV sales rose 2.4% in May from April - CPCA
    U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, data from the China Passenger Car Association (CPCA) showed on Monday. That represented a 2.4% jump from April when Tesla sold 75,842 locally made Models 3 and Y in the world's largest auto market. On a yearly basis, sales rose 142% in May from 32,165 vehicles in the same month of 2022 when Shanghai, where its factory is located, was still subject to COVID-19 containment measures, disrupting production.  ( 6 min )
    Morgan Stanley Strategist Sees European Stocks Falling 10% This Summer
    (Bloomberg) -- European stocks may drop as much as 10% over the next few months.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises After Saudis Pledge Million-Barrel Cut at OPEC+ MeetMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China Handshake Fails to Stem Fears of Conflict in AsiaThat’s the view of Morgan Stanley strategists led by Graham Secker, who expect the MSCI Europe Loca  ( 8 min )
    Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
    There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint" for the foreseeable future, JPMorgan currency strategists said in a note on Monday. "Putting together various measures, overall USD usage remains within its historical range with the dollar at top of the pack, but usage is bifurcated under the hood," strategists Meera Chandan and Octavia Popescu at the Wall Street bank wrote. "De-dollarisation is evident in FX reserves where (the dollar's) share has declined to a record as share in exports declined, but is still emerging in commodities," the strategists said.  ( 6 min )
    Energy Transfer Stock Earns Technical Rating Upgrade; Still Room To Grow
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    The Price of Oil Could Run Up Soon. 6 Stocks to Play It.
    At just over $71 a barrel, WTI crude remains above a key “support” level in the high-sixties.  ( 22 min )
    Stock market today: Asian stocks follow Wall St up after strong US jobs report
    Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data suggested a possible recession might be further away, while smaller wage gains stoked hopes inflationary pressures are weakening. Shanghai, Hong Kong and Seoul also rose. Wall Street's benchmark S&P 500 index leaped 1.5% on Friday, putting it on the verge of entering what traders call a “bull market” after rising nearly 20% in seven months.  ( 8 min )
    Novo Nordisk in talks buy controlling stake in Biocorp
    The Danish company said it had entered into exclusive negotiations with Bio Jag, Biocorp's main shareholder, for the purchase of its over 45% stake in the French company at a price of 35.0 euros ($37.44) per share in cash. The price represents a premium of 19.5% over Biocorp's closing market price on June 2 and the transaction values Biocorp at about 154 million euros, the companies said. Certain minority shareholders, representing 19.0% of the share capital of Biocorp, will also transfer shares to Novo Nordisk and the transaction will be followed by a squeeze-out procedure.  ( 7 min )
    US banks could face 20% hike to capital requirements - WSJ
    U.S. regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20% on average, the Wall Street Journal reported on Monday, to boost the financial system's resilience after a spate of midsize bank failures this year. Regulators are on track to propose the changes as early as this month, the WSJ reported, citing people familiar with the matter. Last month, the U.S. Federal Reserve's top regulatory official told Congress that the central bank would likely unveil its plan to ratchet up capital rules for banks this summer and ensure supervisors more aggressively police lenders following the bank failures.  ( 6 min )
    A Wall Street trader made a $7.5 million windfall on a suspiciously-timed investment ahead of a surprise debt limit deal concession
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    Dollar edges up as US rates seen higher for longer
    The dollar firmed against major peers in Asian trading after a robust U.S. jobs report spurred traders to price in higher interest rates for longer. The Australian dollar erased early losses after a report showed a pick-up in services activity in key trading partner China. The Canadian dollar proved resilient, buoyed by a spike in crude oil prices.  ( 7 min )
    Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap - analysts
    A global shortfall in crude oil supply is set to deepen in the third quarter as the world's top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards $100 a barrel by the end of the year, analysts said. Oil prices jumped more than $1 a barrel on Monday as the Saudi energy ministry said on Sunday its output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the kingdom's biggest reduction in years. The voluntary cut pledged by Saudi is on top of a broader deal by the Organization of the Petroleum Exporting Countries and their allies including Russia to extend production cuts into 2024 as the group seeks to boost flagging oil prices.  ( 8 min )
    Stocks slide as debt ceiling vote looms, jobs data stays hot: Stock market news today
    US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.  ( 9 min )
    Morgan Stanley Sees Shock 16% US Profit Drop Killing Stock Rally
    (Bloomberg) -- Morgan Stanley anticipates a sudden pullback in corporate earnings will slam the brakes on a US equity rally, a call at odds with Wall Street estimates. Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime Membe  ( 7 min )
    Asian shares extend global rally; oil prices jump on Saudi cuts
    Asian shares extended a global rally on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed U.S. jobs report, while oil jumped as Saudi Arabia pledged big output cuts in July. Brent oil jumped $1.82, or 2.4%, to $77.95 a barrel, while U.S. crude climbed $1.77, or 2.4%, to $73.51. Oil prices have recently come under pressure amid heightened concerns about China's slowing economic recovery.  ( 8 min )
    Asian Stocks Extend Global Rally; Oil Advances: Markets Wrap
    (Bloomberg) -- Asian stocks were poised to climb Monday after the S&P 500 rose to the cusp of a bull market amid strengthening bets for a Federal Reserve rate pause this month. Oil rallied on a supply cut from Saudi Arabia.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-Chin  ( 8 min )
    Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut
    (Bloomberg) -- Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production to the lowest level for several years after a plunge in crude prices.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fails to Stem Asia  ( 9 min )
    Don’t Ask Us to Come to the Office More —  Or We Will Quit, Investors Say
    (Bloomberg) -- Financial professionals have a warning for their employers: Don't ask me to come in to the office more often, or I’ll quit.Most Read from BloombergMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutUS-China Handshake Fails to Stem Asia’s Fear of Another UkraineQatar Airways Plans for Future Without First Class on Long-HaulOil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ MeetThat's according to the latest Ma  ( 9 min )
  • Open

    Markets Drop as Early Session Gains Fade in the Afternoon
    Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.  ( 1 min )
    Dow Jones Today: Apple Headset Can’t Lift Index
    The Dow Jones Industrial Average fell 0.6%, or about 200 points, as markets cooled off from Friday's blistering rally. Amgen rose more than any other stock, but Intel led the index lower.  ( 1 min )
    Markets Mixed at Midday as Apple Shares Trade at an All-Time High
    U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.  ( 1 min )
    Oil Futures Gain as Saudi Arabia Signals More Output Cuts
    Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.  ( 1 min )
    5 Things to Know Before Markets Open
    Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here’s what investors need to know today.  ( 1 min )
  • Open

    Apple Reveals Vision Pro Headset, Its First New Hardware in Eight Years
    Apple shares hit an all-time high on Monday as the company released its long-awaited mixed reality headset.  ( 1 min )
    Sales of Tesla EVs Made in China Soar
    Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.  ( 1 min )
    GM to Spend Over $1 Billion on New Internal Combustion Engine Pickups
    GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.  ( 1 min )
    EPAM Cuts Guidance as Customer Spending Slumps
    EPAM shares fell to their lowest level in more than a year after the company cut its current quarter and full-year revenue and profit outlook as customers pulled back spending.  ( 1 min )
  • Open

    Eerste hulp bij gras: zo houd je je gazon groen en gezond nu het erg droog is
    Na een koel en fris voorjaar genieten Nederlanders momenteel massaal van de zon. Alleen is dat lekkere weer minder goed voor je gazon. Hoe zorg je er ondanks de droogte voor dat jouw gras groener is dan bij de buren?  ( 6 min )
    Apple kondigt iOS 17 met nieuwe dagboekapp aan
    Het nieuwe besturingssysteem voor de iPhone, iOS 17, is een relatief kleine update ten opzichte van iOS 16. Wel komt er een gloednieuwe dagboekapp en wordt een nieuwe stand-bymodus toegevoegd. Ook presenteerde Apple vernieuwingen voor Macs.  ( 4 min )
    Europese gasprijs stijgt hard doordat andere landen ook meer vloeibaar gas willen
    De Europese gasprijs is maandag voor het eerst sinds maart tot 20 procent gestegen. Dat komt voornamelijk doordat steeds meer Aziatische landen proberen vloeibaar gemaakt aardgas (lng) te bemachtigen. De markt voor lng wordt daardoor krapper.  ( 3 min )
    Stormloop op hooikoortsmiddelen door droog en warm weer
    Hooikoortspatiënten bestellen de laatste weken massaal pillen, sprays en druppels. De verkopen zijn veel hoger dan gebruikelijk in deze tijd van het jaar. Dat merkt A.S. Watson, het bedrijf achter drogisterijketens Trekpleister en Kruidvat.  ( 3 min )
    VDL gaat fietsframes van eigen bodem maken
    VDL Groep, die ook eigenaar is van VDL Nedcar, gaat aluminium fietsframes maken. Het daarvoor opgerichte VDL Bike Frame strijkt neer in Breda.  ( 2 min )
    Gokbedrijf Bingoal krijgt boete voor reclame gericht op jongeren
    Bingoal heeft van de Kansspelautoriteit een boete van 400.000 euro gekregen. Het sportgokbedrijf richtte zich in een reclame op jongvolwassenen in de leeftijd van 18 tot 24 jaar. Dat is verboden.  ( 3 min )
    Jumbo bekijkt of het met sommige producten wat minder kan
    Supermarktconcern Jumbo gaat terug naar de kern. Waar in het verleden een product werd toegevoegd als een klant erom vroeg, houdt de keten het assortiment nu kritisch tegen het licht.  ( 3 min )
    Verlenging van deal over importban Oekraïens graan op komst
    Het blijft voor Oekraïne waarschijnlijk verboden om graan te verkopen in vijf Oost-Europese landen. De landen vrezen voor concurrentie van het goedkopere Oekraïense graan en dwongen vorige maand al een tijdelijk verbod af, dat maandag afloopt. Een verlenging tot september is in de maak.  ( 3 min )
    Viaplay waarschuwt voor mindere resultaten doordat mensen op de kleintjes letten
    Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )
    Veel zon zorgt voor zonnepanelenrecord en soms zelfs voor geld terug
    Niet eerder is er zoveel energie opgewekt met zonnepanelen als in de maand mei. Het is ook voor het eerst dat deze hernieuwbare bron meer energie opleverde dan biomassa, zo blijkt uit cijfers van Energieopwek.nl.  ( 3 min )
    Formule 1 en Premier League brengen Viaplay niet wat ervan verwacht werd
    Het rommelt bij streamingdienst Viaplay. Topman Anders Jensen vertrekt bij het bedrijf vanwege tegenvallende resultaten. Het videoplatform, dat onder meer de Formule 1-races van Max Verstappen uitzendt, heeft zijn financiële verwachtingen inmiddels naar beneden bijgesteld.  ( 3 min )
    Zwitserse bankenreus krijgt op 12 juni gestalte
    UBS rondt de overname van branchegenoot Credit Suisse naar verwachting op 12 juni af. Daarmee ontstaat een Zwitserse bankenreus met een balanswaarde van 1,6 biljoen dollar (1,7 biljoen euro).  ( 3 min )
    Gemiddelde hypotheekrente blijft al maanden ongeveer gelijk
    De langlopende hypotheekrentes zijn in 2023 nauwelijks veranderd, ziet De Hypotheker. Ook maakt het nauwelijks meer uit of je de rente vastzet voor tien, twintig of dertig jaar.  ( 3 min )
    Qatar Airways stopt straks met eersteklas
    Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )
    Drie op de vier ondernemers kunnen hogere kosten niet doorberekenen aan klant
    Drie kwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan de klant. Dat komt vooral doordat ze bang zijn om klanten kwijt te raken aan de concurrentie. Bovendien zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 3 min )
    Een op de twintig bedrijven heeft problematische schulden
    Zo'n 5 procent van de bedrijven in Nederland dreigt door schulden in de knel te raken. Het gaat om vijfduizend tot tienduizend ondernemingen. Onder meer in de horeca vrezen veel ondernemers dat ze niet meer aan hun betalingsverplichtingen kunnen voldoen.  ( 3 min )
    Meer mensen met zwaar beroep kunnen eerder stoppen met werken
    In steeds meer sectoren kunnen we met vervroegd pensioen. Dat betekent dat iemand met een zwaar beroep bijvoorbeeld drie jaar eerder kan stoppen met werken, maar daar wordt nauwelijks gebruik van gemaakt.  ( 5 min )

  • Open

    Principal Residence Exclusion: Definition, Amount, IRS Rules
    Understand how to leverage the principal residence exclusion to reduce or eliminate paying capital gains tax.  ( 20 min )
    The Tax Implications of Opening a Foreign Bank Account
    The tax implications of opening a foreign bank account are complicated, as the IRS is hostile to U.S. citizens holding such accounts.  ( 23 min )
    Kelley School of Business at Indiana University Definition
    The Kelley School of Business is the business school of Indiana University. It offers programs in finance, accounting, marketing, and management.  ( 19 min )
    Acid-Test Ratio Definition: Meaning, Formula, and Example
    The acid-test ratio is a strong indicator of whether a firm has sufficient short-term assets to cover its immediate liabilities.  ( 25 min )
    How Long Should You Keep Bank Statements?
    Electronic statements should be accessible for as long as you'll need them. If you get paper statements, keep them for at least a year and then shred them.  ( 22 min )
    Tax Loophole for Deducting Home Equity Loan Interest
    Some homeowners can still qualify for a tax deduction on home equity loan interest thanks to a loophole, but only if they meet certain criteria.  ( 23 min )
    What Is Bad Debt? Write Offs and Methods for Estimating
    Bad debt is an expense that a business incurs once the repayment of credit previously extended to a customer is estimated to be uncollectible.  ( 24 min )
    Green Economics: Overview, Criticisms, FAQ
    Green economic theories encompass a wide range of ideas, all dealing with the interconnected relationship between people and the environment.  ( 23 min )
    Turkish New Lira (TRY) Definition
    TRY is the abbreviation for the domestic currency used in the Turkish Republic of Northern Cyprus as well as in Turkey.  ( 18 min )
    After-Tax Basis Definition
    After-tax basis is used to compare the net after-tax returns on taxable and tax-exempt bonds to gauge which had a higher yield.  ( 18 min )
    9 Easy Ways to Increase Your Gas Mileage
    Improved gas mileage is good for your wallet, good for your car, and good for the environment. Here's how to achieve it.  ( 21 min )
    Collection Agency Definition
    A collection agency is a company used by lenders to recover funds that are past due or from accounts that are in default.  ( 21 min )
    Coincheck Definition
    Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.  ( 22 min )
    How to Transfer a 401(k) to a New Employer
    If you're changing jobs you may have the option to roll over your 401(k) into a plan. Learn more about how to transfer a 401(k) to new job.  ( 24 min )
    Budget Control Act (BCA)
    Budget Control Act is a 2011 federal statute to increase the United States' debt ceiling, thereby avoiding the risk of sovereign debt default.  ( 22 min )
    Valuing Startup Ventures
    Valuing a company is a difficult task, regardless of the size of the business—but here are some methods that can help.  ( 28 min )
    What Is Insider Trading, and When Is It Legal?
    Insider trading is using material non-public information to trade stocks and is illegal unless that information is public or not material.  ( 26 min )
    Determining Where to Set Your Stop-Loss
    Determining stop-loss is about targeting an allowable risk threshold and should be strategically derived with the intention of limiting loss.  ( 21 min )
    Bought Deal: Meaning in Initial Public Offerings
    A bought deal is a securities offering in which an investment bank commits to buy the entire offering from the client company.  ( 19 min )
    Relativity Trap Definition
    A relativity trap is a psychological or behavioral bias that leads people to make irrational choices with their spending decisions.  ( 23 min )
    What Are the Main Problems With a JIT (Just in Time) Production Strategy?
    Learn about the just in time (JIT) production strategy and how the precise coordination and timing it requires can end up costing a business money.  ( 19 min )
    What Are Shares? Meaning and How They Compare to Stocks
    Shares are a unit of ownership of a company that may be purchased by an investor.  ( 23 min )
    Movie vs. TV Industry: Which Is More Profitable?
    Which entertainment sector is more profitable: movies or TV? Let’s take a look. You might be surprised by the results.  ( 19 min )
    Transportation Bond Definition
    A transportation bond is a fixed-income security issued by a municipality to fund infrastructure needs related to public transportation.  ( 19 min )
    Modified Accrual Accounting: Definition and How It Works
    Modified accrual accounting is a bookkeeping method commonly used by government agencies that combines accrual basis accounting with cash basis accounting.  ( 19 min )
    What Is an Amendment? Definition, How It Works, and Example
    An amendment is a change or addition to the terms of a contract agreement, government document, or law.  ( 19 min )
    What Are the Different Types of Margin Calls?
    Learn the differences between margin calls and fed margin calls while reviewing the definitions of each and how to satisfy each call.  ( 20 min )
    Marginal Cost Meaning, Formula, and Examples
    Marginal cost is the change in total cost that comes from making or producing one additional item.  ( 28 min )
    Global Market Downturn Unmade 800,000 Millionaires In 2022
    The world’s richest people saw the biggest decline in wealth in more than a decade in 2022, with high net worth individuals losing $3 trillion collectively.  ( 17 min )
    Understanding Austerity, Types of Austerity Measures & Examples
    Austerity is defined as a state of reduced spending and increased frugality.  ( 25 min )
    Four Scandalous Insider Trading Incidents
    The SEC has always pursued insider trading as a key element of its activities. Here are a few of the most notable cases throughout the years.  ( 24 min )
    Safe Deposit Boxes: Store This, Not That
    Safe deposit boxes can keep certain valuables safe, but don't use one for anything you’ll need easy access to. Learn what you should, and should not, put in a safety box.  ( 25 min )
    Best Ways to Send Large Sums of Money Abroad
    It can be difficult to send large sums of money abroad. Learn more about the top five safest ways to send and receive large sums of money internationally.  ( 22 min )
    What Is a Chargeback? Definition, How to Dispute, and Example
    A chargeback is a charge that is returned to a payment card after a customer successfully disputes an item on their account transactions report. Learn more.  ( 21 min )
    What Is Hyperinflation? Causes, Effects, Examples, and How to Prepare
    Hyperinflation describes rapid and out-of-control price increases in an economy. Learn the causes of hyperinflation and how it can impact everyday consumers.  ( 27 min )
    Proof of Funds (POF): Definition, What Qualifies, and How to Get
    Proof of funds (POF) refers to a document that demonstrates a person or entity has the ability and funds available for a specific transaction.  ( 22 min )
    Lockbox Banking: Definition, How It Works, Risks, and Cost
    Lockbox banking is a service provided by banks to companies for the receipt of payment from customers.  ( 22 min )
  • Open

    Oil jumps 2% on Saudi plan to deepen output cuts from July
    Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 7 min )
    Oil prices jump more than $2/bbl after Saudi pledges to cut more output
    Oil prices jumped more than $2 a barrel in early Asian trade on Monday, hours after the world's top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July. Brent crude futures was at $78.42 a barrel, up $2.29, or 3%, at 2219 GMT after earlier hitting a session-high of $78.73 a barrel. Saudi Arabia's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years, its energy ministry said in a statement.  ( 6 min )
    Biden Debt-Bill Signing Set to Unleash Tsunami of US Debt Sales
    (Bloomberg) -- President Joe Biden’s signature of legislation suspending the federal debt ceiling has given the Treasury Department the green light to resume net new debt issuance after months of disruption.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handshake Fail  ( 7 min )
    Elon goes to China, Rivian is selling stock for $3 billion, and Fiat's cutest tiny EV
    The biggest news this week has been Elon Musk’s visit to China, a move that has the potential to strengthen Tesla’s ties with the world’s largest auto market. It’s Musk’s first visit since the COVID-19 pandemic, and his commitment to China isn’t surprising given how much China’s vehicle sales carry the automaker’s global sales. In Q1, China accounted for over half of Tesla’s deliveries.  ( 12 min )
    Amazon is unfazed by remote workers protesting its return-to-office mandate: ‘There’s more energy, collaboration, and connections happening’
    "It’s going to take time to adjust back to being in the office more," a spokesman said after a walkout this week.  ( 9 min )
    GameStop, Brown-Forman, Campbell Soup, NIO, Ciena, and More Stocks to Watch This Week
    Earnings reports from Gitlab, Ciena, J.M. Smucker, Brown-Forman, Campbell Soup, GameStop, DocuSign, Vail Resorts, and NIO. Plus, services PMI and durable goods.  ( 23 min )
    Saudi Arabia slashes oil production and threatens to do 'whatever is necessary' to boost prices
    Saudi Arabia has announced plans to cut its oil production by 1 million barrels per day (bpd) as the Kingdom pledged to do “whatever is necessary” to prop up sagging prices.  ( 8 min )
    Elon Musk disclosed a missed opportunity, said he hates firing people, and revealed a desire to meet Warren Buffett in a 2008 profile that's resurfaced
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    The stock market's new normal is a future of neverending chaos
    No content preview
    Bill Ackman wants Jamie Dimon to run for president. Here's what Warren Buffett, Bill Clinton, and others have said about the JPMorgan chief's political potential.
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    Restaurant Chain Cava Set to Launch IPO
    Executives aim to sell the shares for between $17 and $19 apiece. The high end of that range would value Cava at around $2.2 billion.  ( 29 min )
    Zombie Mortgages Could Force Some Homeowners Into Foreclosure
    Homeowners say they are getting bills and foreclosure threats on second mortgages they thought were taken care of long ago.  ( 23 min )
    Dow Jones Futures: Market Rally Shows Character Change; Tesla, Apple In Focus
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    Chuck Todd to Be Replaced by Kristen Welker on NBC’s ‘Meet the Press’
    Todd, who has anchored the Sunday program since 2014, will step down in September.  ( 28 min )
    Why Employees Should Have an IRA Separate From Their Work 401(k)
    Doubling up retirement plans adds some complexity, but it could be worth it.  ( 27 min )
    Airbus heads towards 500-jet IndiGo order
    Airbus is closing in on a potentially record deal to sell 500 narrowbody A320-family jets to India's largest carrier, Indigo, industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India's historic provisional purchase of 470 jets in February, the sources said on the sidelines of an airline industry meeting in Istanbul. Airbus and Boeing are also competing in talks to sell 25 wide-body jets to the same airline, they said.  ( 6 min )
    The Best Remote Jobs for American Retirees
    While retirement may be associated with leaving the workforce behind, most Americans plan to work past the age of 65. In fact, a 2022 study from the Transamerica Center for Retirement Studies found that around 57% of workers plan to … Continue reading → The post Best Work-from-Home Opportunities for Retirees appeared first on SmartAsset Blog.  ( 10 min )
    Do Bump-Up CDs or Regular CDs Have Higher Yields?
    Certificates of deposits are some of the safest investments you can make. They are not dependent on the stock market, they are protected by deposit insurance and they have clear terms that you understand going in. A bump-up CD, also … Continue reading → The post What Is a Bump-Up CD and How Is it Used to Increase Your APY? appeared first on SmartAsset Blog.  ( 8 min )
    Debt ceiling done, Fed goes quiet: What to watch this week
    With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.  ( 10 min )
    Can I Retire Comfortably at 65 With $1 Million?
    Retiring when you're in your 60s or younger is the goal for every worker. But can you retire comfortably at the age of 65 with $1 million? For some people, yes. But the true answer is that there is no … Continue reading → The post Can I Retire at 65 With $1 Million? appeared first on SmartAsset Blog.  ( 10 min )
    Is $2 Million Enough to Retire Comfortably on at 55?
    It's often said that a million dollars isn't as much as it used to be – but how about $2 million? A retirement fund of that amount can provide $80,000 in annual income - without even touching the principal. While … Continue reading → The post Is $2 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 11 min )
    How Do 401(k) Employer Matches Really Work?
    Changes to federal law governing retirement savings plans allow employers to make matching contributions to employees' 401(k) accounts using after-tax dollars as with a Roth 401(k). Employees get to choose whether contributions will be made after-tax or pretax. However, the … Continue reading → The post How Roth 401(k) Matching Works With Your Employer appeared first on SmartAsset Blog.  ( 8 min )
    US Cities Where High Earners Lose The Most To Taxes and Cost of Living
    An annual income of $250,000 won't put you in the top 1% of earners, but it will get you close to it. That's because only 7% of households in the United States earn $250,000 per year1. How far that income … Continue reading → The post Where High Earners Lose The Most To Taxes and Cost of Living - 2023 Study appeared first on SmartAsset Blog.  ( 10 min )
    VW Is on a Hunt for Resources to Remove China From Its EV Batteries
    Volkswagen is the latest carmaker to invest in securing its own supplies for building batteries—and capturing more profits.  ( 29 min )
    Record demand for 35-year mortgages as first-time buyers face soaring rates
    A record share of first-time buyers are taking out mortgages with terms of 35 years or more as soaring costs force more Britons to sign up to a lifetime of debt.  ( 7 min )
    When Nikola and Bed Bath & Beyond Stock Dove, a Big Investor Held On
    California State Teachers’ Retirement System, the second-largest U.S. pension, didn’t budge on first-quarter stock losers Nikola, Bed Bath & Beyond, KeyCorp, and Zions.  ( 23 min )
    German car makers join the race to avert a Brexit ‘cliff edge’ disaster for EVs
    German car makers are ramping up pressure on Brussels to avoid a post-Brexit “cliff edge” for the auto industry as officials in Whitehall race to strike a deal.  ( 9 min )
    Investing Action Plan: Tesla, Apple In Focus With Earnings Season Finally Slowing
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    China’s Recovery Is ‘Sputtering.’ Consumers Are Keeping the Economy Afloat.
    Retailers are seeing strong growth in China after years of pandemic restrictions. The recovery is tenuous, analysts say.  ( 22 min )
    ETF Providers Rush to Tap Into AI Investing Craze
    New actively managed funds are giving investors broader exposure to artificial intelligence development.  ( 27 min )
    OPEC+ meets to debate production quotas, new cut - sources
    OPEC and its allies will meet on Sunday to debate a new deal possibly adjusting countries' output quotas and a further cut in production, sources told Reuters, as the group faces flagging oil prices and a looming supply glut. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, pumps around 40% of the world's crude, meaning its policy decisions can have a major impact on oil prices. Three sources familiar with OPEC+ discussions have told Reuters that additional production cuts were being discussed among options for Sunday's session.  ( 7 min )
    Many Biotechs Have Net Assets That Top Their Market Values
    There are 23 biotechs with negative enterprise values in the XBI and the iShares Biotechnology ETFs.  ( 22 min )
    Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
    The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The 23-member group is meeting Sunday at OPEC headquarters in Vienna after sending mixed signals about possible moves. Saudi Arabia, dominant among the oil cartel's members, has warned speculators that they might get burned by betting on lower prices.  ( 9 min )
    The gigantic North Sea oil field that could be Britain’s last
    Roughly 80 miles west of the Shetland Islands, on the edges of the North Atlantic, the biggest undeveloped oil field in UK waters sits deep beneath the waves.  ( 10 min )
    After Month of Pain, Euro Bulls Look to Fed Pause for Relief
    (Bloomberg) -- Investors who took out long positions in the euro could be in for some respite, even as a shaky outlook for the economy continues to stalk the common currency.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With  ( 9 min )
    Housing Ended Spring With a Whimper. What’s Next for Prices, Mortgage Rates.
    Higher mortgage rates stopped both home buyers and sellers in their tracks in the spring, putting an end to the pandemic home-buying boom. Summer might not be better.  ( 22 min )
    OPEC Latest: Fight Over African Members Hangs Over Talks
    (Bloomberg) -- OPEC+ ministers meet on Sunday to hash out a deal on oil production after a last-minute fight with African members threatened to derail the gathering.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by TaiwanRich Latin Americans Transform Laid-Back Madrid Into a New MiamiTaylor Swift Argentina Tickets Are a Bargain With Inflation  ( 8 min )
    THG braced for shareholder revolt over ‘unjustified’ salary for new finance chief
    Former British tech champion THG is facing a shareholder revolt at its investor meeting that risks deepening chief Matthew Moulding’s dislike of the London market.  ( 7 min )
    Saudi Arabia, Some OPEC Members Clash Over Oil-Production Quotas
    OPEC and its allies meet Sunday in Vienna to decide on an output plan.  ( 29 min )
    Bearish Bets Against S&P 500 Are Surging, Despite Love for Big Tech
    Hedge funds and other speculative investors have built up a big bet that the S&P 500 will decline, marking their most bearish positioning since 2007.  ( 27 min )
  • Open

    Driekwart ondernemers kan hogere kosten niet doorberekenen aan klant
    Driekwart van de Nederlandse ondernemers zegt hogere kosten niet of slechts voor een deel te kunnen doorberekenen aan klanten. Dat komt vooral omdat ze bang zijn om klanten kwijt te raken aan de concurrentie. Ook zijn prijzen vaak vastgelegd in afspraken met klanten, meldt statistiekbureau CBS.  ( 4 min )
    Onenigheid met Afrikaanse leden OPEC+ over olieproductiedoelen
    Afrikaanse leden van oliekartel OPEC+ worden steeds meer onder druk gezet om de ruimte binnen hun doelstellingen voor olieproductie op te geven. Die ruimte willen de Verenigde Arabische Emiraten (VAE) graag gebruiken om zelf meer te kunnen produceren. Vooral Angola en Nigeria halen hun doelstellingen niet.  ( 3 min )
    Egypte zet sleepboten in voor tanker met pech in Suezkanaal
    Egypte heeft drie sleepboten ingezet om een olietanker met motorpech in het Suezkanaal weg te slepen. Die tanker stremt het verkeer in de kortste scheepvaartroute tussen Azië en Europa.  ( 3 min )
    Topman Qatar Airways: eersteklas verdwijnt in nieuwe vliegtuigen
    Vermogende reizigers die vliegen met Qatar Airways kunnen binnenkort niet langer een dutje doen in een van de luxueuze ligstoelen in de eersteklas. De luchtvaartmaatschappij gaat die namelijk schrappen in de volgende generatie langeafstandsvliegtuigen.  ( 3 min )
    Belangrijke conferentie Apple staat in teken van VR-bril
    Voor Apple-fans is het lange wachten eindelijk voorbij: maandag lanceert de techreus naar alle waarschijnlijkheid na vele jaren weer een belangrijk nieuw product. Apple komt op zijn jaarlijkse ontwikkelaarsconferentie WWDC volgens vele geruchten met een eigen virtualreality-bril (VR).  ( 4 min )
    Zeepmaker Henkel heeft optie voor terugkopen activiteiten Rusland
    De Duitse zeepmaker Henkel, bekend van merken als Pritt en Persil, heeft de mogelijkheid om zijn activiteiten in Rusland binnen nu en tien jaar terug te kopen. Voorwaarde is wel dat de omstandigheden in en de relatie met dat land "fundamenteel" veranderen.  ( 3 min )
    Video | Waarom je zonnepanelen in de lente het meeste opbrengen
    Steeds meer Nederlanders hebben zonnepanelen op het dak liggen. Maar wanneer produceren deze panelen nou de meeste stroom?  ( 3 min )
    Goedkoper op vakantie door sterke euro? Dat valt te bezien
    We krijgen deze zomer meer dollars, kronen, lira’s en Antilliaanse guldens voor een euro. De waarde van onze munt bij een wisselkantoor zit in de lift. Dat kan interessant zijn richting het vakantieseizoen. Maar je reis wordt er niet altijd goedkoper van.  ( 6 min )
    De comeback van de basisbeurs is (bijna) een feit, maar niet voor alle studenten
    Als de Eerste Kamer dinsdag met de herinvoering van de basisbeurs instemt, krijgen studenten vanaf september weer maandelijks een bedrag dat na hun opleiding een gift wordt. Dat is een opluchting voor veel studenten, al is het wetsvoorstel volgens velen verre van perfect.  ( 5 min )

  • Open

    Vostro Account: Definition, Purpose, Services, and Example
    A vostro account is an important part of correspondent banking in which a foreign bank provides financial services on behalf of a domestic bank.  ( 22 min )
    Secured Overnight Financing Rate (SOFR) Definition and History
    The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that replaced LIBOR.  ( 22 min )
    Top 6 Marriage-Killing Money Issues
    Strengthen your marriage by understanding and dealing with these six major financial stressors.  ( 30 min )
    The Rules of a 401(k) Hardship Withdrawal
    You can take funds from your retirement account for immediate and pressing financial needs. But you'll pay a price for doing so.  ( 23 min )
    Crossed Check: Definition, Meaning, and How It Works
    A crossed check is a check that has been crossed with two parallel lines, either across the whole check or through the top left-hand corner of the check.  ( 21 min )
    What Is a Basic Attention Token (BAT)? How It Tracks Consumers
    The Basic Attention Token (BAT) fuels the Brave browser, which aims to revolutionize digital advertising through blockchain technology.  ( 21 min )
    Who Is Craig Wright? Is He Really Bitcoin's Satoshi Nakamoto?
    Craig Wright claims to be Satoshi Nakamoto, the mysterious inventor of Bitcoin. But his claim is riddled with holes.  ( 24 min )
    Biden Signs Bill Ending Debt Limit Showdown
    The debt limit crisis is over. For now, at least, as President Joe Biden signed a bill Saturday suspending the nation’s self-imposed borrowing limit until January 2025.  ( 17 min )
    Empirical Rule: Definition, Formula, Example, How It's Used
    The empirical rule is a statistical theory stating that 99.7% of normally distributed data will fall within three standard deviations from the dataset's mean.  ( 26 min )
    Tezos (XTZ): Definition and How It Works in Crypto
    Tezos (XTZ) is a decentralized blockchain network with an associated cryptocurrency token and a colorful history.  ( 22 min )
    What Is Ethereum 2.0?
    The Ethereum blockchain transitioned to proof-of-stake in September 2022. The upgrade also set the stage for the blockchain's future.  ( 22 min )
    What You Need to Know About Fee-Only Financial Advisors
    Fee-only financial advisors get paid for their services, not by commission. Learn why that matters and why you may still want to hire one.  ( 28 min )
    Turbulent Global Economy Trimmed the Ranks of Billionaires in 2022
    The world’s billionaire population fell by 3.5% in the latest year, with tech, healthcare, and real estate fortunes particularly vulnerable.  ( 18 min )
    Adidas Releases Remaining Yeezy Inventory—Here’s What Kanye West’s Net Worth Is Now
    Kanye West has a net worth of $400 million as of 2023, according to Forbes. West’s net worth dropped from $2 billion after Adidas and other companies cut ties with the rapper in 2022 after antisemitic comments and offensive behavior.  ( 18 min )
    How Do Interest-Only Mortgages Work?
    Sophisticated borrowers may consider one of these interest-only loans to keep their initial mortgage payments low, but should understand the risks first.  ( 26 min )
    Irrevocable Letter of Credit (ILOC): Definition, Uses, Types
    An irrevocable letter of credit is a bank guarantee for payment by the party requesting the letter. It cannot be revoked.  ( 28 min )
    Optimize Your Portfolio Using Normal Distribution
    Normal or bell curve distribution can be used in portfolio theory to help portfolio managers maximize return and minimize risk.  ( 24 min )
    An Advisor's Role as Behavioral Coach
    Investment management is just one part of a financial advisor's role.  ( 25 min )
  • Open

    Why it's not that great that everyone is flocking to their online bank
    No content preview
    From artificial intelligence to 'absolute insanity,' these are the 3 ingredients needed to fuel the next stock market bubble
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    Bond Bulls Ignore Fed-Hike Noise and Keep Buying Yield Spikes
    (Bloomberg) -- For over a year, bond traders been whipsawed by uncertainty about how high the Federal Reserve will push interest rates. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersTrillion-Dollar Treasury Vacuum Coming for Wall Street RallyRich Latin Americans Transform Laid-Back Madrid Into a New MiamiChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthUS Chides China Over Defense Talks as Navy Sails by TaiwanBut that’s now giving way to a gro  ( 8 min )
    Home buyers are facing the least affordable market on record
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    Democrats Hatch Plans to End ‘Insanity’ of Debt-Ceiling Fights
    Some lawmakers are seeking legislation or action by President Biden to avoid the recurring high-stakes standoffs on Capitol Hill.  ( 30 min )
    Billionaire investor Cliff Asness talks stocks, recession, Warren Buffett, and commercial real estate in a new interview. Here's the 8 best quotes.
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    The housing market has never been this unaffordable for new buyers
    "For new home buyers, this is the worst situation since the end of the Great Recession."  ( 6 min )
    Jim Chanos, Bank of America, and others still aren't jumping on the AI hype train
    No content preview
    JPMorgan's Jamie Dimon succession dilemma
    The industry's top banker knows he can't be the boss "forever." How much longer will he stay, and who would replace him?  ( 11 min )
    Trillion-Dollar Treasury Vacuum Is Coming for Wall Street Rally
    (Bloomberg) -- With a debt ceiling deal freshly inked, the US Treasury is about to unleash a tsunami of new bonds to quickly refill its coffers. This will be yet another drain on dwindling liquidity as bank deposits are raided to pay for it — and Wall Street is warning that markets aren’t ready.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a N  ( 9 min )
    Don't keep your money in Venmo, PayPal, and other payment apps, CFPB warns
    Money held in popular apps like Venmo, PayPal, and CashApp are more vulnerable to financial uncertainty because they may not offer federal deposit insurance through the FDIC or NCUA.  ( 8 min )
    Palo Alto Networks To Join S&P 500 Index: Here Are All The S&P Index Changes
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    Can I Make After-Tax 401(k) Contributions?
    No content preview
    The Tentative Debt Ceiling Deal Could Affect You More Than You Think
    President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This … Continue reading → The post What the Tentative Debt Ceiling Deal Means For You appeared first on SmartAsset Blog.  ( 7 min )
    Investor Panic Ensures as Potential Consequences of a U.S. Debt Default Revealed
    Eight million is the sobering figure economists urge you to remember. If the U.S. were to default on its debt, the repercussions would be large: a staggering loss of more than 8 million jobs, accompanied by a protracted recession that could … Continue reading → The post Investor Panic: Potential Consequences of a U.S. Debt Default Revealed appeared first on SmartAsset Blog.  ( 12 min )
    Can I (Legally) Avoid Paying Tax on Dividends?
    Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.  ( 8 min )
    $300,000 Probably Won't Last You Too Long in Retirement
    How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    Will an Employer Match Count Toward My 401(k) Limit?
    A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your … Continue reading → The post How the Employer Match Works With the 401(k) Limit appeared first on SmartAsset Blog.  ( 9 min )
    Morningstar: These Stocks Are a Bargain Right Now
    Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.  ( 10 min )
    How I Can Retire Comfortably at 45 With $2 Million
    Retiring before you're 50 may sound like a pipe dream, but a nest egg of $2 million can make this a reality. The question is, how can you save that amount in only about two decades? Depending on your circumstances, … Continue reading → The post How to Retire at 45 With $2 Million appeared first on SmartAsset Blog.  ( 11 min )
    Is It Possible to Save Too Much For Retirement?
    It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As … Continue reading → The post Am I Saving Too Much for Retirement? appeared first on SmartAsset Blog.  ( 9 min )
    Is $3 Million Enough to Retire Comfortably at 65?
    To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you're among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other … Continue reading → The post Is $3 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 8 min )
    Don't Forget: Roth IRA Income Limits For 2023
    A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if … Continue reading → The post Roth IRA Income Limits for 2023 appeared first on SmartAsset Blog.  ( 10 min )
    Can I Take Money Out of My 401(k) Even If I'm Still Employed?
    Taking money out of a 401(k) is a big decision. The specifics of how to take money out of a 401(k) plan depend on your age, employer plan, whether you're still working for the company that sponsors your 401(k) plan … Continue reading → The post How to Take Money Out of a 401(k) Plan appeared first on SmartAsset Blog.  ( 9 min )
    How to Be Smart About Artificial-Intelligence ETFs
    With all the attention on ChatGPT, here is how to choose an AI fund. They’re not all alike.  ( 28 min )
    Your early childhood skills will become more important to landing a job than your degree, says a Harvard future of work professor
    If you haven’t gone to therapy yet, here’s your sign: Addressing your childhood trauma could be critical for your career.  ( 9 min )
    S&P 500 Giant Tesla Leads Five Stocks Near Buy Points As Market Revs Up
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    Get Ready for the Full-Employment Recession
    Employment is soaring yet output is falling, by one measure. Blame a historic slump in productivity.  ( 27 min )
    A nation of quitters: US workers aren't staying at jobs for as long as they used to
    In the last decade between 2012 and 2022, the median job tenure has dropped from 4.6 years to 4.1 years.  ( 9 min )
    Even the cheapest Tesla Model 3 now qualifies for the full $7,500 tax credit
    If you're buying a Tesla Model 3 in the US, you can now get the maximum possible federal tax credit of $7,500 no matter what make you're getting.  ( 6 min )
    The Wrong Accounting Method Can Prevent You From Tax-Loss Harvesting
    If you want to use tax losses from individual equities or mutual funds to offset gains elsewhere, it is key to use an accounting system that allows you to specify which shares can be sold.  ( 22 min )
    Chip maker TSMC needs to hire 4,500 Americans at its new Arizona plants. Its ‘brutal’ corporate culture is getting in the way
    The chip giant says its Arizona hiring is on schedule, but recruiters say the company is a hard sell.  ( 14 min )
    Saudi Oil Minister Takes Combative Stance With Wall Street Speculators
    As the world’s biggest oil producers gather to decide on a production plan, the spotlight is on Prince Abdulaziz bin Salman’s fixation on traders whose bets can cause crude prices to fall.  ( 29 min )
    A New Wave of Real Estate Pain Is Coming After European Rout
    (Bloomberg) -- Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords are bracing for a new wave of pain. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the Making of Redfall, Xbox’s Latest Misfir  ( 9 min )
    Meredith Whitney, Who Predicted the Financial Crisis, Reveals Her Next Act
    Whitney rose to prominence as an Oppenheimer analyst and went on to a career in startups. Now she's ready for a new chapter.  ( 22 min )
    How Britain's broken benefits system created a 'lost generation' who no longer need to work
    It is more than a century since the first jobless benefits were paid in Britain, when David Lloyd George’s Liberal government introduced unemployment insurance through the National Insurance Act of 1911.  ( 12 min )
    Dow jumps 700 points as US stocks soar on end to the debt ceiling fight and strong May jobs report
    Markets cheered the end of the debt ceiling showdown as the Senate sent the bill to raise the US borrowing limit to President Biden's desk.  ( 7 min )
    Online Banks Are Winning the Deposit War
    Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers.  ( 28 min )
    Cash-strapped Treasury Department sells one-day bills for the first time since 2007
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    Even the biggest winners of Nvidia's stock spike are cutting back as AI hype goes into overdrive
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    Stock Market Rally Shows Character Change With Tesla, Apple In Focus; Here's What To Do Now
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  • Open

    Waar DSM en Shell hun kroon afzetten, wordt Heijmans juist koninklijk
    Bouwbedrijf Heijmans heeft zaterdag het predicaat koninklijk gekregen. De bouwer uit Rosmalen bestaat honderd jaar en krijgt bij dat jubileum de royale titel uitgereikt. Shell en DSM verloren onlangs nog hun kroon. Hoe zit het met het predicaat koninklijk?  ( 5 min )
    Biden ondertekent schuldendeal en voorkomt chaos op financiële markten
    De Amerikaanse president Joe Biden heeft zaterdag zijn handtekening gezet onder het wetsvoorstel dat de verhoging van het schuldenplafond regelt. Daarmee is voorkomen dat de VS zijn financiële verplichtingen niet meer kan nakomen.  ( 4 min )
    Op vakantie buiten Europa? In een paar seconden verbruik je 60 euro aan data
    Ga je deze zomer buiten Europa op vakantie, denk dan goed na over het gebruik van je smartphone. Met een beetje pech verbruik je in enkele seconden voor tientallen euro's aan mobiel dataverkeer. Gelukkig zijn er manieren om te voorkomen dat je thuis een dikke telefoonrekening op de mat vindt.  ( 5 min )
    Witte Huis denkt cruciale schuldendeal vandaag te kunnen ondertekenen
    De Amerikaanse president Joe Biden ondertekent mogelijk zaterdag al het wetsvoorstel dat de verhoging van het schuldenplafond regelt, laat een regeringswoordvoerder weten.  ( 4 min )
    Vijfhonderd e-mailadressen gelekt bij pensioenfonds ABP
    Er zijn vijfhonderd e-mailadressen van gepensioneerden bij pensioenfonds ABP gelekt. Het lek kwam tot stand door een "menselijke fout" bij het verzenden van een e-mail, zegt een woordvoerder van ABP.  ( 2 min )
    Zomervakantie vieren we steeds vaker in Noord-Europa
    Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )
    Zomervakantie wordt steeds vaker in Noord-Europa gevierd
    Zon, zee en strand blijven voor veel Nederlanders populaire ingrediënten voor hun zomervakantie. Tegelijkertijd zitten actieve vakanties naar noordelijker landen in de lift, ziet een aantal bedrijven uit de reisbranche.  ( 4 min )
    Wat doet en verdient een lid van de Eerste Kamer?
    Voor Eerste Kamerleden bestaat geen vacaturesite. Ze worden gekozen door de leden van de Provinciale Staten, die op hun beurt weer zijn gekozen door ons. De 75 nieuwe Eerste Kamerleden blijven in principe vier jaar aan.  ( 5 min )
  • Open

    Dow Jones Today: Index Rallies on Jobs Strength
    The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 1 min )

  • Open

    Here's why the upcoming OPEC meeting will be a 'pivotal' moment as tensions simmer between Russia and Saudi Arabia over global oil supply
    It's possible that Saudi Arabia brings a more assertive stance to the table when OPEC+ holds its meeting on Sunday.  ( 8 min )
    Extreme investor bearishness suggests stock market gains of 16% are coming in the next 12 months, BofA says
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    Tesla says all new Model 3s now qualify for full $7,500 tax credit
    All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla's website. The EV tax credits were mandated by Congress last August as part of the Inflation Reduction Act, with the goal of ending U.S. reliance on China for batteries. The full $7,500 tax credit is broken into two parts.  ( 6 min )
    How the Debt-Ceiling Deal Could End Up Biting Stock Investors
    Changes in the Federal Reserve’s balance sheet, the Treasury’s cash balances, bank reserves, and other factors will probably affect equities.  ( 22 min )
    Disney Sees Potential $1.9 Billion Charge From Removing Streaming Content
    Company said it removed certain produced content from its DTC segment on May 26.  ( 27 min )
    ‘Shadow Banks’ Account for Half of the World’s Assets—and Pose Growing Risks
    Regulators don't have a clear view into the huge world of nonbank finance, or 'shadow banking.' Barron's peers into this opaque world.  ( 75 min )
    EV-Charging Firm EVgo’s Largest Holder Bought $25 Million of Stock
    LS Power purchased 5.9 million shares in EVgo’s recent stock offering. EVgo Chairman David Nanus is on LS Power’s management committee.  ( 22 min )
    DraftKings Stock Ends Up Being A Good Bet
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    JPMorgan COO: 'There will be a recession at some point'
    Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.  ( 8 min )
    Stock Melt-Up Drives S&P 500 to Brink of Bull Run: Markets Wrap
    (Bloomberg) -- The relentless rally in big tech, options positioning and bets on a Federal Reserve pause following a mixed jobs report put stocks on the verge of a bull market.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiInside the Making of Redfall, Xbox’s Latest MisfireHedge Funds at War for Top Traders Dangle $120 Million Payout  ( 8 min )
    Foreign investors are pulling out of Chinese markets at a faster pace as the economic rebound stumbles
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    Stock Market Surge Underscores Bullish Week For Indexes; Dow Gains 700 Points
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    C3.ai Stock Set to Lead in AI After Srong Quarter
    Analysts weigh in on Kenvue, C3.ai, CSX, Toast, and Ryanair Holdings  ( 22 min )
    This 35-Year-Old Man Was Unemployed When He Founded NerdWallet — A $738 Million Company
    Tim Chen, CEO and co-founder of NerdWallet Inc., has come a long way since the 2008 financial crisis when he found himself among the unemployed, like many others at that time. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families After spending four years working in hedge funds such as Perry Capital and JAT Capital Management, Chen received the news of his layoff around Christmas, leaving him devastated. “It was super  ( 9 min )
    Time To Take Profit On Six Winners With Huge Gains?
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    Auto Stocks Are Soaring. 1 Reason Is a Golden Cross.
    Tesla stock is up more than 4% in late trading. One reason looks technical. The other looks like unemployment did the trick.  ( 22 min )
    How One Trader Made $8 Million In The Stock Market In 2 Years
    Making money in the stock market sounds like a dream come true, and for most traders, it's just that: a dream. Unless your name is Jack Kellog, the 24-year-old who achieved $8 million in gains from day trading in 2020 and 2021. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Where It All Started Starting his trading journey in 2017 with only $7,500, Kellogg has encountered and overcome various market conditions,  ( 8 min )
    AI Is Going to Change Investing. Here’s How It Could Play Out.
    Like the PC and cellphones, artificial intelligence has the capacity to rewrite how almost every business works—including investing. Here’s how it might change things for retail and institutional investors.  ( 22 min )
    The A.I. job culling has already begun and 4,000 people lost work last month to the technology, according to a new report
    White-collar jobs are most at risk.  ( 7 min )
    Extreme Networks Surges To All-Time High As Analysts Get Bullish On Network Leader
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    Tesla Stock Breaks Out; Here's How To Profit With A Butterfly Spread
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    U.S. Oil Drillers Are Idling Rigs
    The number of rigs drilling for crude dropped again this week, a sign that U.S. producers are pessimistic about prices. There are now 555 rigs drilling specifically for oil, down 15 from last week in the sharpest decline in oil-patch activity since the Covid lockdowns. The total is down 11% since t  ( 20 min )
    A Viterra-Bunge Deal to Rescue Argentine Soy Giant Is Now at Risk
    (Bloomberg) -- A deal to rescue one of the biggest suppliers of soybean meal fed to livestock herds around the world is at risk of falling apart because of court delays and Argentina’s worst drought in living memory.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the  ( 8 min )
    3M, DuPont Stocks Are Soaring on PFAS Settlement. A Big Overhang Is Gone.
    DuPont, Corteva, Chemours, and 3M shares are up after a $1.2 billion legal settlement over PFAS chemicals. Here's how investors can make sense of that.  ( 36 min )
    Why Taiwan Semi Isn’t the Stock to Play Nvidia’s AI Boom
    Wall Street analysts are telling clients TSMC's exposure to the AI trend might be limited this year.  ( 22 min )
    Apple's Lesser-Known Co-Founder Owned ⅓ Of The Company But Missed Out On A Potential $900 Billion Fortune
    With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families While Jobs and Wozniak captured the limelight, Markkula’s contributions to Apple's success were no less significant. From angel investor to CEO and chairman, Markkula’s jour  ( 9 min )
    Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
    The cash-strapped U.S. Treasury today auctioned $15 billion in bills maturing in one day as it awaits a resolution to the debt-ceiling impasse.  ( 18 min )
    Wharton professor Jeremy Siegel says investors' hopes of a Fed pause are pushing stocks higher – and skipping a rate hike would lower the risk of a US recession
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    Microsoft Could See AI Revenue Boost of $100 Billion by 2027, Analyst Says
    Evercore ISI analyst Kirk Materne says artificial intelligence is going to provide a gigantic boost to Microsoft, which is in a "unique position to monetize the platform shift to AI."  ( 22 min )
    Verizon and AT&T Shares Slump on Reports Amazon to Offer Wireless to Prime Members
    Amazon.com is reportedly in talks with phone carriers to offer low-cost or free nationwide mobile phone service to Prime subscribers.  ( 23 min )
    Analyst Report: Altria Group Inc.
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    Analyst Report: Public Storage
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    Analyst Report: Salesforce Inc
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    The Jobs Report Was Very Strong. Why the Stock Market Is Up Anyway.
    Hiring was strong in May, but wage gains showed less inflationary pressure from the labor market.  ( 23 min )
    Market Update: CRM, LH, MO, PSA, LULU
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    Apple and Goldman Sachs Don’t Trust Their New Banking Customers
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    IPO Stock Of The Week: Software Leader JFrog Eyes Buy Point With 417% Growth
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    Coors and Miller Lite Gain at Bud Light’s Expense. It Might Last.
    Molson Coors brands Coors Light and Miller Lite have grown market share as Bud Light faced a backlash. TD Cowen analyst Vivien Azer says Molson Coors will enjoy “durable market-share momentum.”  ( 22 min )
    What's Going On With SoFi Tech Stock Friday
    SoFi Technologies, Inc (NASDAQ: SOFI) stock is down Friday as the Senate cleared the debt ceiling bill with 63 votes in favor of the legislation and 36 against it. The CARES Act passed in March of 2020, allowed a pause on student loan repayments. The current debt ceiling deal would terminate this pause, and repayments must resume on August 29, 2023. The student loan refinancing firm prosecuted the government to end the pause earlier this year. Through student and personal loans, the company aime  ( 7 min )
    Apple’s Revenue Could Get a Big Boost From AR/VR. Here’s One Estimate of How Much.
    If a headset is unveiled at Monday's WWDC, Apple shares might get a big boost too.  ( 22 min )
    What's Going On With Big Telecom Stocks Today - Dish, Verizon, T-Mobile, AT&T
    Dish Network Corp (NASDAQ: DISH) stock is up Friday amid reports of selling wireless plans for its mobile phone service through Amazon.Com Inc(NASDAQ: AMZN). Amazon has been talking with wireless carriers about offering Prime subscribers $10 a month or possibly for free and bolster loyalty among its biggest spending customers. The company is negotiating with Verizon Communications Inc (NYSE: VZ), T-Mobile US Inc (NYSE: TMUS), and Dish for the lowest possible wholesale prices, Bloomberg reported  ( 7 min )
    Student loans: Borrower advocates press for Biden veto on ‘shameful’ student debt bill
    The resolution would repeal President Joe Biden’s most recent extension of the student loan pause.  ( 8 min )
    Pro Picks: Missed the boat on Nvidia? Check out these 5 stealth AI plays
    After NVIDIA's (NASDAQ:NVDA) astounding AI-fueled earnings results and guidance last week, its valuation briefly vaulted past the $1 trillion mark and Wall Street analysts scrambled to jack up estimates on the company. But that massive surge makes Nvidia a tricky buy right now: InvestingPro’s fair value algorithm calls the stock overvalued at current levels, with some 30% potential downside risk.  ( 7 min )
    Bank Stocks Are Too Beaten Down. JPMorgan Chase, Citizens Financial, and More to Buy Now.
    Bank stocks have been “excessively penalized,” says Wells Fargo analyst Mike Mayo. Here are some names to consider.  ( 22 min )
    Rivian Stock Is Down but Not Out. A Wall Streeter Sees a Path for Profits.
    Barcalys analyst Dan Levy feels better about the EV start-up after a visit to its assembly plant in Normal, Illinois.  ( 22 min )
    Elon Musk Praises Quality of Made in China Teslas, Exxon Eyes Double Output With New Fracking Tech, Netflix Shareholders Vote Against Fat Exec. Pay: Today's Top Stories
    Benzinga Made-In-China Teslas Are The Highest Quality, Says Musk: ‘It Warms My Heart’ Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is back in America after a two-day trip to China, his first since the onset of the COVID-19 pandemic. The billionaire entrepreneur made a pitstop at Giga Shanghai as part of his tour and delivered a late-night speech praising his Chinese staff. Sharing pictures from his visit to the Gigafactory on Wednesday evening, Musk tweeted, “Congratulations to Giga Shanghai & Tesla C  ( 12 min )
    Long-Time Nvidia Investor Trims Holdings as AI Rally Overheats
    (Bloomberg) -- One of Nvidia Corp.’s long-term investors is trimming bets on the stock, saying the frenzy around artificial intelligence has pushed valuations too far.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsRich Latin Americans Transform Laid-Back Madrid Into a New MiamiEdmond de Roths  ( 7 min )
    Retirement-Savings Changes You Should Know About for 2023-24
    The Secure 2.0 Act has all sorts of provisions that take effect between now and 2027. Here’s when they kick in.  ( 27 min )
    Stocks to Watch Friday: Lululemon, Dish, AT&T, Amazon
    ↗️ Lululemon Athletica (LULU): The athletic-gear maker raised its annual outlook on sales growth in China. Shares climbed around 12%, snapping a nine-day losing streak. ↘️AT&T (T), [**Verizon (VZ)  ( 21 min )
    Possible Amazon Entry Into Wireless Services Sends Telecom Stocks Down
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    Dollar General Blew Up Its Recession-Proof Reputation. Analysts Prefer This Retailer.
    Dollar General's lowered outlook casts a shadow on prospects for discount retailers but some analysts still see opportunities.  ( 22 min )
    Carvana Cancels $1 Billion Debt Swap as Creditors Hold Out
    (Bloomberg) -- Carvana Co. canceled a $1 billion debt swap after a group of creditors refused to exchange their notes, posing a challenge as the used car retailer attempts to rein in its debt load.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsAmazon Is in Talks to Offer Free Mobile Service t  ( 7 min )
    Insurance giant Allstate followed StateFarm in halting home insurance policies for Californians
    California’s homeowners are already bearing the brunt of devastating wildfires every summer. Now, it will be harder for them to find insurance companies willing to potentially cover the damages.  ( 8 min )
    Amid Booming Revenue Growth, Buyers Lift Smartsheet Stock Ahead Of Fiscal Q1 Report
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    Wegmans is closing one of its largest grocery stores. Its unusual location hurt business
    The Wegmans supermarket chain is closing one of its largest and most unusual stores because it has not attracted enough business, the company said. The Natick, Massachusetts store will close on an undetermined date this summer, the Rochester, New York-based company said in a statement on Thursday. Making these decisions is never easy.  ( 6 min )
    Daily Spotlight: Unemployment Rate Rises to 3.7%
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    Telecom Stocks Drop After Report That Amazon Might Offer Mobile Service
    Amazon.com is reportedly looking into entering mobile phone service, and telecom investors are feeling the pain. Bloomberg News reported Friday that the retailing giant has been talking with wireless carriers about offering low-cost or free mobile to Prime subscribers. Holders of traditional telec  ( 20 min )
    RPT-UPDATE 3-US telecom stocks fall on report Amazon in talks for wireless services
    Amazon.com Inc is in talks with wireless carriers Verizon Communications, T-Mobile US Inc and Dish Network Corp to offer low cost mobile services in the U.S., Bloomberg News reported on Friday. The discussions, which have been going on for six to eight weeks, have also included AT&T Inc at times, the report said, citing people familiar with the matter. Bloomberg News also said Amazon has been negotiating to get the lowest possible wholesale prices that would let it offer Prime members wireless plans for $10 a month or possibly for free.  ( 7 min )
    US telecom stocks fall on report Amazon in talks for wireless services
    Amazon.com Inc has been in talks with wireless carriers Verizon Communications, T-Mobile US Inc and Dish Network Corp to offer low cost mobile services in the U.S., a report by Bloomberg News said on Friday, citing sources familiar with the matter. Amazon.com Inc, Verizon and T-Mobile did not immediately respond to a Reuters request for comment.  ( 6 min )
    Can My Ex-Spouse Come For My Pension After the Divorce?
    A divorce is an unfortunate time in anyone's life, as it signifies the end of a likely long-term relationship and marriage. However, it's important to understand the financial ramifications of a divorce as you're going through one. So if you're … Continue reading → The post Is My Spouse Entitled to My Pension in a Divorce? appeared first on SmartAsset Blog.  ( 8 min )
    What Happens If I Lose a Vested Pension?
    Once a pension has vested, you should be entitled to keep those funds, even if you're fired. However, you aren't always entitled to all the money in your pension fund. In some cases, you might lose some, or even all, … Continue reading → The post Can You Lose a Vested Pension? appeared first on SmartAsset Blog.  ( 8 min )
    Can I Retire at 65 with $2 Million?
    Although 65 is a conventional retirement age, reaching this point with $2 million is quite a feat. This sum can generate investment and interest income to support you well in the decades to come. However, saving this amount takes effort. … Continue reading → The post Is $2 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 9 min )
    Best Stocks To Buy And Watch Now: MongoDB Headlines 5 Top Tech Stocks For June 2023
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    SentinelOne's disappointing forecast slams shares
    The stock could erase most of the 42% rise it has posted so far this year, if losses hold through regular trading. More than half of the 30 analysts covering the stock lowered their target prices, citing the longer deal cycles and waning demand from enterprise customers, who are holding back on new orders due to high inflation and rising interest rates. The median price target on the stock is now $18, which is 13% lower than its last closing price.  ( 7 min )
    Elon Musk accused of insider trading (again) to rake in $124 million from Dogecoin sales by temporarily changing Twitter logo to a Shiba Inu
    The latest amendment to a June 2022 lawsuit alleges two wallets controlled by Musk sold 1.4 billion Dogecoin when he used his social network to deliberately pump the price.  ( 8 min )
    Millennials' Top Stock Is Up 192% — And You've Never Heard Of It
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    Stocks rise ahead of May jobs report: Stock market news today
    Stocks rose on Friday morning as investors awaited the May jobs report.  ( 7 min )
    Analyst Report: Royal Bank of Canada
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    ChargePoint Earnings Beat Estimates but the Stock Is Falling. Here’s Why.
    The electric-vehicle charging company reported a first-quarter per-share loss of 15 cents from $130 million in sales. Wall Street was looking for a 19 cents loss from $128 million in sales.  ( 22 min )
    Technical Assessment: Bearish in the Intermediate-Term
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    3M Heads to Trial in ‘Existential’ $143 Billion Forever-Chemicals Litigation
    (Bloomberg) -- 3M Co. faces an existential threat from lawsuits over allegedly cancer-linked “forever chemicals” that have leached into municipal water supplies, with the company’s liability possibly hitting $143 billion for cleanup alone. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultHedge Funds at War for Top Traders Dangle $120 Million PayoutsRich L  ( 9 min )
    Dow Jones Futures Rise: Jobs Report Looms As Tesla Breaks Out
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    Daily – Vickers Top Insider Picks for 06/02/2023
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    Daily – Vickers Top Buyers & Sellers for 06/02/2023
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    Elon Musk convinced 19 luminary investors to help him buy Twitter. Here’s what their stakes are worth now
    Filings from Fidelity estimate that the company is worth one third what investors paid for their stakes.  ( 7 min )
    The RV Boom Is Over, But These Stocks Promise a Sweet Ride
    Sales of recreational vehicles are way off their pandemic peak, but the industry won’t be in the breakdown lane for long.  ( 28 min )
    Nvidia Is Still a ‘Buy’ on Wall Street as Analysts Race to Boost Price Targets
    Analysts have raced to boost their price targets on the chip maker’s stock after the company’s market value gained $650 billion since October.  ( 27 min )
    Apple’s new Goldman Sachs savings accounts excited savers with high interest rates—now some users are struggling to get their money out
    Some customers reportedly experienced delays in transferring funds from the savings account to another bank account.  ( 8 min )
    4 REITs to Consider–and 2 to Avoid
    Ppportunities—and risks—abound after a tough couple of years.  ( 23 min )
    4 big analyst picks: C3.ai upgraded on AI mega-trend
    Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at C3.ai, Chevron, Domino’s Pizza, and The Trade Desk. Wedbush upgraded C3.ai (NYSE:AI) to Outperform from Neutral and raised its price target to $50.00 from $24.00 following Q4 earnings, as InvestingPro reported in real time. Furthermore, Wedbush noted that the company is in a unique position to help lead the charge and monetize this looking ahead the next 12 to 18 months.  ( 7 min )
    Putin’s War Ignites Backlash Against US Dollar Across the World
    (Bloomberg) -- All around the world, a backlash is brewing against the hegemony of the US dollar.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as Loans Dry UpApple Plans Major Retail Push With New Stores Across China, USBrazil and China recently struck a deal to settle trade in their local currencies, s  ( 11 min )
    Short sellers have lost more than $13 billion betting against these 5 AI stocks this year
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    PwC Contracts Frozen by $191 Billion Australian Pension Fund
    (Bloomberg) -- Australia’s largest pension fund AustralianSuper has frozen all future contracts with PricewaterhouseCoopers as it assesses the fallout of the embattled accounting firm’s tax advice scandal. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Clears Congress, Ending Threat of US DefaultWall Street Banks Are Using AI to Rewire the World of FinanceHedge Funds at War for Top Traders Dangle  ( 6 min )
  • Open

    Dow Jones Today: Index Rallies on Jobs Strength
    The Dow moved up by more than 700 points after the Labor Department's stronger-than-expected jobs report.  ( 17 min )
    Current Account Savings Account (CASA): Definition and Formula
    A current account savings account is aimed at combining the features of savings and checking accounts to entice customers to keep their money in banks.  ( 21 min )
    Did Obamacare Make Premiums Go Up?
    A careful look at data from nonpartisan sources suggests that any increases have been modest by historical standards.  ( 21 min )
    Average Credit Card Interest Rate
    Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards. These are the current rates as of June 2023.  ( 23 min )
    Herrick Payoff Index
    The Herrick Payoff Index tracks price, volume, and open interest to identify potential trends and reversals in futures and options contracts.  ( 20 min )
    5 Biggest Mistakes People Make With Reverse Mortgages
    Reverse mortgages can provide supplemental income for retirees. Learn the biggest mistakes to avoid with a reverse mortgage.  ( 22 min )
    What Is Social Media Optimization (SMO), and Why Is It Important?
    Social media optimization (SMO) is the use of social media networks to manage and enhance an organization’s message and online presence.  ( 21 min )
    Newly Signed Home Contracts Fell In New York Last Month
    High mortgage rates and elevated prices are keeping would-be homebuyers in New York out of the housing market.  ( 17 min )
    How Much Does It Cost To Lease a Car?
    If you’re thinking about leasing a new vehicle, here’s what you need to know about how car leases work and the fees that you can expect to pay in total.  ( 23 min )
    Top CD Rates Today, June 2, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Transfer of Physical Assets (TPA) Definition
    A transfer of physical assets (TPA) is involved when a HUD-insured loan is attached to a real estate transaction.  ( 24 min )
    Jobs Report, Debt Ceiling Vote Send Markets Higher
    Markets rose after a strong jobs report and Senate passage of the debt ceiling bill, which will avoid a government default.  ( 16 min )
    8 Inventions That Made Our Lives Easier
    These inventions in the fields of finance, healthcare, technology, food, and energy have greatly improved our standard of living.  ( 21 min )
    Warren Buffett's Best Buys
    Why the Oracle of Omaha's approach to investing has served him well over the years.  ( 24 min )
    Depository: Definition, Meaning, Types, and Examples
    A depository is a facility such as a building, office, or warehouse in which something is deposited for storage or safeguarding. Learn more about how they work.  ( 24 min )
    Dormant Account: Definition, How It Works, and Example
    A dormant account is a customer bank deposit that has seen no activity other than the posting of interest for a long period of time. Here's what happens to dormant accounts.  ( 22 min )
    What Happens If You Pay Off a Car Loan Early?
    If you pay off your car loan early, you can typically save money on the total cost of the loan as you reduce the amount of interest you pay.  ( 24 min )
    Cboe Expands Trading Reach
    Cboe Global Markets said all of its listed stocks in the U.S. and Canada can now be traded at the Cboe’s other exchanges in the U.K. and the Netherlands, and later on its Australia site.  ( 16 min )
    Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
    3M shares jumped following a report of a settlement over claims of water pollution from "forever chemicals."  ( 16 min )
    4 Professional Associations for Financial Advisors
    These four professional organizations are among the most respected and well known among financial advisors.  ( 22 min )
    Credit Repair: What it is, How it Works, Services Related To
    Taking steps to improve poor credit standing is called credit repair. You can do your own credit repair, but it can be labor intensive and time consuming.  ( 23 min )
    The 10 Richest People in the World
    Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 33 min )
    Construction Occupancy Protection Exposure (COPE) Definition
    Construction Occupancy Protection Exposure (COPE) is a set of risks property insurance underwriters evaluate when writing insurance policies.  ( 23 min )
    American Express Savings Account Interest Rates: June 2023
    American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.  ( 18 min )
    Ally Bank Savings Account Interest Rates: June 2023
    A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 19 min )
    Cash-Strapped U.S. Treasury Auctioned Bills Maturing in One Day
    The cash-strapped U.S. Treasury today auctioned $15 billion in bills maturing in one day as it awaits a resolution to the debt-ceiling impasse.  ( 17 min )
    Edmund S. Phelps Definition
    Edmund Phelps is an American professor of political economy at Columbia University and winner of the 2006 Nobel Prize in Economics.  ( 19 min )
    Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
    Amazon is said to be considering a free or discounted mobile service for its Prime members, in a move that could impact its customers and shareholders of wireless service providers.  ( 17 min )
    Top 12 House-Hunting Mistakes & What to Look for
    If you can avoid these mistakes when house-hunting, you'll be more likely to find a home that suits both your feelings and your finances.  ( 29 min )
    Valuation Period Definition
    The valuation period is the time period during which value is determined for variable investment options.  ( 21 min )
    Check: What It Is, How Bank Checks Work, and How To Write One
    A check is a written, dated, and signed draft that contains an order directing a bank to pay a definite sum of money to a payee. Learn how checks work.  ( 25 min )
    Sovereign Default: Definition, Causes, Consequences, and Example
    Sovereign default is a failure by a government to repay its country's debts.  ( 25 min )
    Why Might Your 401(k) Be Unavailable After You Leave a Job?
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    Money-Weighted Rate of Return: Definition, Formula, and Example
    A money-weighted rate of return is the rate of return that will set the present values of all cash flows equal to the value of the initial investment.  ( 22 min )
    Holding Period Return/Yield: Definition, Formula, and Example
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    Markets Jump at Midday on Jobs Report, Senate Debt Ceiling Vote
    Markets soared midday on Friday following Senate passage of the debt ceiling bill and the Labor Department's jobs report showing more jobs were added to the economy than expected last month.  ( 16 min )
    Online Shoplifting Definition
    Online shoplifting is a type of theft involving dishonest chargebacks and piracy targeting online or ecommerce merchants.  ( 18 min )
    How Operating Leverage Can Impact a Business
    Operating leverage can tell you a lot about a company and its future profitability, and the level of risk it offers to investors. Learn the pros and cons.  ( 24 min )
    MongoDB Beats Earnings and Revenue Forecasts, Says It Could Benefit from AI Boom
    MongoDB's profit and sales exceeded analysts' forecasts and CEO Dev Ittycheria said the company is well positioned to gain from the AI boom.  ( 16 min )
    Lululemon's Profit, Sales, and Outlook Jump as Sales in China Soar
    Lululemon's earnings and revenue beat estimates as sales in China soared after COVID-19 restrictions were lifted.  ( 16 min )
    Buying Hedge Definition
    A buying hedge is a transaction used by companies and investors to hedge against increases in the price of assets underlying a futures contract.  ( 19 min )
    Understanding Private Equity (PE)
    Private equity (PE) has gained a great amount of influence in today's financial marketplace. Check out what it is and how it operates.  ( 29 min )
    What Is a Bid-Ask Spread, and How Does It Work in Trading?
    A bid-ask spread is the amount by which the ask price exceeds the bid price for an asset in the market.  ( 24 min )
    Hiring Increased in May, So Did Unemployment. What's Up With That?
    A report Friday sent contradictory signals about the job market, showing the economy was both gaining and losing jobs—thanks to a quirk in the way the government gathers data.  ( 17 min )
    How to Hedge Against Inflation in 2023
    Inflation is the economic impact where the cost of goods and services rises. Learn how to hedge against inflation and mitigate the effects of inflation.  ( 25 min )
    Today's Mortgage Rates & Trends - June 2, 2023: Decline Continues
    Rates on 30-year mortgages fell for a third day in a row. They're now more than a half percent below Friday's high, and at their lowest point in two weeks.  ( 19 min )
    Speculation: Trading With High Risks, High Potential Rewards
    Speculation refers to the act of conducting a financial transaction that has substantial risk of losing value but also holds the expectation of a significant gain.  ( 24 min )
    Ways The United States Can Get Out of Debt
    Can the U.S. government tighten its belt enough to dig itself out of debt? Here are options to reduce the national debt, beyond cutting spending and raising income taxes  ( 20 min )
    Employers Added Surprisingly High 339,000 Jobs in May
    The labor market once again blew past the expectations of economists—the consensus forecast called for only 188,000 jobs to be gained, according to Wells Fargo Securities.  ( 17 min )
    How To Open and Access an Offshore Bank Account
    You can open an offshore bank account to bank in another country, but the process can be take longer. Here's how opening an offshore bank account works.  ( 26 min )
    Stock Market Down? One Thing Never to Do
    It’s better to think long term than to panic and sell stock at a low during a downturn, but you need to have a strategy for different outcomes.  ( 26 min )
    Senate Passes Debt Ceiling Deal, Averting Default Crisis
    The Senate passed a bill Thursday night, averting a looming debt crisis and potential economic disaster.  ( 16 min )
    World's Top Oil Futures Contract Adds U.S. Benchmark
    ICE's Brent crude futures contract will reflect the addition of West Texas Intermediate crude oil to the basket of North Sea oil sources it uses to assess Brent prices, the benchmark for about 80% of global oil trades.  ( 18 min )
    Real-Time Gross Settlement (RTGS): Definition & Benefits
    Real-time gross settlement is the continuous process of settling payments on an individual order basis without netting debits with credits.  ( 22 min )
    Cash Stored On Payment Apps May Not Be as Safe As You Think
    The money you have stored on a mobile payment app may be at more risk than you think if the company providing it runs into financial trouble, the government’s consumer watchdog has warned.  ( 17 min )
    5 Things to Know Before Markets Open
    The jobs report is expected to show a slowdown in hiring and the debt ceiling bill heads to the president's desk for signature. Here’s what investors need to know today.  ( 17 min )
    Risk-Weighted Assets: Definition and Place in Basel III
    Risk-weighted assets are used to determine the minimum amount of capital that must be held by a bank, by assigning risk levels to each type of asset.  ( 22 min )
    Custodian: What It Means in Banking and Finance
    A custodian bank is a financial institution that holds customers' securities in electronic or physical form to minimize the risk of theft or loss.  ( 25 min )
  • Open

    Jobs Report, Debt Ceiling Vote Send Markets Higher
    Markets rose after a strong jobs report and Senate passage of the debt ceiling bill, which will avoid a government default.  ( 1 min )
    Cboe Expands Trading Reach
    Cboe Global Markets said all of its listed stocks in the U.S. and Canada can now be traded at the Cboe’s other exchanges in the U.K. and the Netherlands, and later on its Australia site.  ( 1 min )
    Markets Jump at Midday on Jobs Report, Senate Debt Ceiling Vote
    Markets soared midday on Friday following Senate passage of the debt ceiling bill and the Labor Department's jobs report showing more jobs were added to the economy than expected last month.  ( 1 min )
    5 Things to Know Before Markets Open
    The jobs report is expected to show a slowdown in hiring and the debt ceiling bill heads to the president's desk for signature. Here’s what investors need to know today.  ( 1 min )
  • Open

    Potential 'Forever Chemicals' Settlement Boosts Shares of 3M
    3M shares jumped following a report of a settlement over claims of water pollution from "forever chemicals."  ( 1 min )
    Amazon May Dial Into Cellular Service. Here's What That Could Mean For You.
    Amazon is said to be considering a free or discounted mobile service for its Prime members, in a move that could impact its customers and shareholders of wireless service providers.  ( 1 min )
    MongoDB Beats Earnings and Revenue Forecasts, Says It Could Benefit from AI Boom
    MongoDB's profit and sales exceeded analysts' forecasts and CEO Dev Ittycheria said the company is well positioned to gain from the AI boom.  ( 1 min )
    Lululemon's Profit, Sales, and Outlook Jump as Sales in China Soar
    Lululemon's earnings and revenue beat estimates as sales in China soared after COVID-19 restrictions were lifted.  ( 1 min )
  • Open

    Oliebedrijf BP stopt als sponsor van British Museum na druk van klimaatacties
    Het Britse olie- en gasbedrijf BP en het British Museum zetten na 27 jaar een punt achter de sponsoring. Het museum maakt zich daarmee los van de fossiele industrie, wat campagnevoerders toejuichen.  ( 3 min )
    Trein van Amsterdam naar Londen is volgend jaar maandenlang uit de running
    Vanaf de zomer van 2024 rijden maandenlang geen Eurostar-treinen van Amsterdam naar Londen. Vanwege de verbouwing van Amsterdam Centraal is er geen ruimte meer voor de douane. Het kan elf maanden duren voordat de treinen weer rijden vanuit Amsterdam, schrijft staatssecretaris Vivianne Heijnen (Infrastructuur) in een Kamerbrief.  ( 3 min )
    Problemen bij ING voorbij, klanten boos vanwege zoveelste storing in korte tijd
    ING is vrijdagmiddag opnieuw door een storing getroffen. Klanten van de bank kregen geen toegang tot de app en internetbankieren. Daardoor konden zij niet bij hun bankrekening en dus geen geld overboeken. De bank meldt iets voor 17.00 uur aan NU.nl dat de problemen verholpen zijn.  ( 4 min )
    UBS-topman waarschuwt voor pijnlijke besluiten na overname Credit Suisse
    Topman Sergio Ermotti van de Zwitserse bank UBS waarschuwt voor "pijnlijke" besluiten over het schrappen van banen na de overname van branchegenoot Credit Suisse.  ( 3 min )
    Personeel moet gemakkelijker bij concurrent aan de slag kunnen
    Werknemers krijgen straks meer ruimte om hetzelfde werk bij een concurrent te doen als hun dienstverband erop zit. Op dit moment zitten ze soms ten onrechte vast door een concurrentiebeding. Dat zit de doorstroom op de arbeidsmarkt in de weg, vindt verantwoordelijk minister Karien van Gennip.  ( 5 min )
    Twijfels over uitstoot methaan en lachgas: '1,5 gradendoel mogelijk onhaalbaar'
    Terwijl landen met horten en stoten proberen hun CO2-uitstoot terug te dringen, blijft er grote onzekerheid over andere broeikasgassen. Het is onduidelijk of we de uitstoot van gassen als methaan wel genoeg kúnnen verminderen om de opwarming van de aarde te beperken tot 1,5 graden, blijkt uit nieuw onderzoek.  ( 6 min )
    Heineken haalt reclameposters weg omdat modellen minderjarig lijken
    Bierbrouwer Heineken heeft vorige week posters en digitale afbeeldingen weggehaald nadat er klachten waren over de leeftijd van de modellen. Die leken veel jonger dan 25 jaar, en dat mag niet in reclames voor alcoholische drankjes.  ( 3 min )
    Klanten van ING boos vanwege zoveelste storing in korte tijd
    ING is vrijdagmiddag opnieuw getroffen door een storing. Klanten van de bank krijgen geen toegang tot de app. Daardoor kunnen zij niet bij hun bankrekening en is het overboeken van geld onmogelijk.  ( 3 min )
    Stakingen bij VDL Nedcar houden aan: personeel legt maandag 24 uur werk neer
    De onrust onder het personeel van autofabriek VDL Nedcar in het Limburgse Born houdt aan. De werknemers leggen maandag opnieuw 24 uur lang het werk neer. Later in de week volgen meer acties.  ( 3 min )
    China boort gat van maar liefst 11 kilometer in zoektocht naar meer olie
    China gaat een gat van meer dan 11 kilometer boren in de hoop daar meer fossiele energie te vinden. Zelden in de geschiedenis is er dieper geboord en voor de Chinezen is het zelfs een record.  ( 3 min )
    Wereldwijde voedselprijzen dalen naar laagste punt in twee jaar
    Prijzen van basisvoedsel als graan, zuivel en palmolie zijn vorige maand verder gedaald. Daardoor staan ze nu op het laagste niveau sinds april 2021. Dit komt onder meer door de verlenging van de graandeal tussen Rusland en Oekraïne en een betere oogst. De lagere prijzen kunnen ertoe leiden dat we straks minder kwijt zijn in de supermarkt.  ( 4 min )
    China boort dieper dan ooit in zoektocht naar meer olie
    China gaat een gat van meer dan 11 kilometer boren in de hoop daar meer fossiele energie te vinden. Zelden in de geschiedenis is er dieper geboord en voor de Chinezen is het zelfs een record.  ( 3 min )
    Loterijen en toezichthouder ruziën over 'illegale' online spellen
    De VriendenLoterij en de Nationale Postcode Loterij hebben een dwangsom gekregen omdat ze online spellen aanbieden zonder dat ze daar de juiste vergunning voor hebben. De loterijen zijn zich van geen kwaad bewust en hebben bezwaar aangetekend.  ( 3 min )
    Met nieuwe virtualrealitybril maait Meta het gras voor de voeten van Apple weg
    Facebook-moederbedrijf Meta heeft een nieuwe virtualrealitybril (VR-bril) aangekondigd. Dankzij camera's aan de buitenzijde van de Meta Quest 3, kunnen dragers voor het eerst de echte wereld door een VR-bril bekijken. Zo kun je met de bril nu virtuele meubels en bordspellen zien.  ( 4 min )
    Wereldwijde voedselprijzen dalen nog wat verder
    Prijzen van basisvoedsel als graan, zuivel en palmolie zijn vorige maand verder gedaald. Dat komt onder meer door de verlenging van de graandeal tussen Rusland en Oekraïne en een betere oogst. De lagere prijzen kunnen ertoe leiden dat we straks minder kwijt zijn in de supermarkt.  ( 3 min )
    Amerikaanse Senaat gaat ook akkoord met verhoging schuldenplafond
    Een meerderheid van de Amerikaanse senatoren heeft donderdag voor een verhoging van het schuldenplafond van de Amerikaanse overheid gestemd. Dit voorkomt dat de Verenigde Staten voor het eerst in de geschiedenis niet meer aan zijn betalingsverplichtingen kan voldoen.  ( 3 min )

  • Open

    US hiring jumped last month. So did unemployment. Here's what that says about the economy.
    The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool. The unemployment rate rose to 3.7%, from a five-decade low of 3.4% in April. The stronger hiring demonstrates the job market's resilience after more than a year of rapid interest rate increases by the Fed. Many industries, from construction to restaurants to health care, are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.  ( 8 min )
    Dell Earnings Crush Estimates, But Mixed Guidance Pressures the Stock
    Dell beat expectations despite continues macro headwinds. The company hinted that it is feeling more upbeat on the outlook for the 2023 second half.  ( 22 min )
    These Are The 5 Best Stocks To Buy And Watch Now
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    Electric truck maker Nikola may do reverse stock split to comply with Nasdaq rules
    Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq's minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. A reverse stock split consolidates the number of existing shares into fewer shares. Nikola, which closed at about 57 cents on Thursday, said last week it received a delisting notice from the stock exchange.  ( 6 min )
    Broadcom CEO Predicts That Chipmaker’s Sales From AI Will Double
    (Bloomberg) -- Broadcom Inc., one of the world’s biggest chipmakers, said that artificial intelligence spending is helping fuel sales, but not enough to offset a broader post-pandemic slowdown. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as L  ( 7 min )
    Chevron and Other Commodity Stocks Are Cheap. Time to Buy Soon.
    The Energy Select Sector SPDR ETF is down about 16% from a multiyear peak in late 2022, and the SPDR S&P Metals & Mining ETF is down about 30%.  ( 23 min )
    Who wins if the debt ceiling plan passes? Everyone. Here's why.
    Some may hate a lot in the debt ceiling package, but economists say the plan's actually a good compromise that'll benefit everyone. Here's why.  ( 9 min )
    Broadcom Delivers Beat-And-Raise Report Thanks To Data Center Chip Growth
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    Lululemon Stock Spikes On Strong Guidance, Earnings Beat
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    SentinelOne Stock Crashes On Revenue Miss, Weak Revenue Outlook
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    Tech stocks are booming in 2023 - but there are 3 specific names that investors should be paying attention to, analyst says
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    Homeowners in these countries are facing the greatest risk of defaults from steeper mortgage payments, says IMF
    No content preview
    A Tech Mania Is Underway. Bullish Bets Are Exploding.
    Tech stocks are racing past the broader market today. Traders are rushing to play the move higher. The recent rally has been marked by heavy activity in bullish options tied to tech. Nvidia call options hit one of the highest levels on record in recent sessions, as did activity in the Technology Se  ( 21 min )
    Target could face hit from student loan payment restart, analyst warns
    Target continues to be in focus by market goers, now for a new reason.  ( 8 min )
    Apple Stock Is Near a Record High. What Could Get It There.
    Investors in the iPhone maker will be watching for any exciting business updates during the Apple's Worldwide Developers Conference next week.  ( 22 min )
    Dell Technologies Crushes First-Quarter Earnings, Sales Targets
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    Dow Jones Rallies As Schumer Makes Debt-Ceiling Push Despite Snag; Dollar General Stock Craters
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    Why C3.ai CEO Tom Siebel Is ‘Declaring Victory’ Despite the Stock’s Earnings Selloff
    The AI software play's shares have been fluctuating wildly. But the CEO says the path ahead looks great.  ( 22 min )
    3M, DuPont to Pay $100 Million to End Georgia Lawsuit Over Polluted Drinking Water
    (Bloomberg) -- 3M Co., DuPont de Nemours Inc. and other makers of per-and polyfluoroalkyl substances, or PFAS, have agreed to pay more than $100 million to resolve a Georgia city’s lawsuit claiming the chemicals polluted its drinking water, according to a person familiar with the matter.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Pas  ( 8 min )
    Ford Motor Co sues Blue Cross Blue Shield in antitrust case over ‘astronomical’ profit
    Ford Motor Co sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees. The lawsuit Ford filed in Detroit federal court accused the insurer and its regional Michigan branch of unlawfully dividing up parts of the country in a scheme to reduce competition with each other in order to drive "astronomical profits." The allegations from Ford, employing more than 170,000 workers worldwide, relate to a $2.7 billion settlement that Blue Cross Blue Shield Association and its three dozen member companies reached in 2020 with corporate and individual policy holders in Alabama federal court.  ( 7 min )
    What's Going On With Palantir Tech Stock Today
    Palantir Technologies Inc (NYSE: PLTR) stock grabbed eyeballs since its first-quarter beat and, more recently, with its collaboration with the Ukraine Ministry to support the defense and reconstruction of the country. The software company and cloud solutions provider will host its AI day on Thursday. The Thursday session volume surged to 46 million vs. the 100-day average of 51 million. However, Bear Cave slammed the software and cloud solutions provider co-founded by Peter Thiel and backed by t  ( 7 min )
    Sir Rod Stewart abandons talks to cash in on classic songs with public attack on bidder
    Sir Rod Stewart has abandoned a deal to seal his 60-year career in music by selling his song catalogue after negotiations with a controversial industry mogul turned sour.  ( 9 min )
    Breakout Watch: Tesla Stock Set To Plug Into New Buy Zone
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    Analyst Report: Nordstrom, Inc.
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    Analyst Report: Best Buy Co. Inc.
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  • Open

    Telegraphic Transfer (TT): What It Is and How It's Processed
    A telegraphic transfer (TT) is an electronic method of transferring funds used primarily for overseas wire transactions.  ( 22 min )
    Top CD Rates Today, June 1
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )
    Iridium Definition
    Iridium is a rare and expensive corrosion-resistant metal. Discover why iridium is used in the manufacture of aircraft, spark plugs, and tech devices.  ( 20 min )
    Dow Jones Today: Debt Vote Drives Index Higher
    The Dow Jones Industrial Average moved higher by more than 0.5%, or 153 points, as investors celebrated the House of Representatives passage of the debt-ceiling bill, which now goes to the Senate.  ( 16 min )
    How the Banking Sector Impacts Our Economy
    The banking sector is an essential part of the U.S. and world economies, safeguarding assets and supplying credit to individuals and businesses.  ( 24 min )
    Fixed Interest Rate: Definition, Pros & Cons, vs. Variable Rate
    A fixed interest rate remains the same for a loan's entire term, making long-term budgeting easier. Some loans combine fixed and variable rates.  ( 23 min )
    Markets Rise as Debt Ceiling Advances in Congress
    Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.  ( 16 min )
    Dollar General Shares Plunge as Inflation Hits Customer Spending
    Dollar General profit, sales miss estimates as inflation hits customer spending, sending shares lower.  ( 16 min )
    Section 12D-1 Definition
    Section 12D-1 and its exemptions under the Investment Company Act of 1940 provide rules and limits on how investment funds can invest in each other.  ( 20 min )
    Is the Pound Worth More Than the Dollar?
    The price of one currency compared to another is not necessarily an indication of wealth, power, or strength.  ( 26 min )
    Administrative Services Only (ASO): Definition, Pros & Cons
    Administrative services only (ASO) is an agreement that companies use when they fund their employee benefit plan but hire a vendor to administer it.  ( 22 min )
    Hormel Shares Rise as It Beats Profit Estimates
    Hormel beats profit estimates, sending shares higher.  ( 16 min )
    Construction Spending Increased in April For Second Straight Month
    April construction spending rose, though high mortgage rates are weighing down on construction of single-family homes which, ideally, should be in demand amid a lack of housing inventory.  ( 17 min )
    Forex: Should You Be Trading Trend or Range?
    In FX, it's not the price environment that decides this for you. Learn the differences to see which you prefer.  ( 22 min )
    Types of Stocks
    Understanding different stock categories can help you make better-informed investment decisions. Here are some stock types investors need to know.  ( 23 min )
    Swap Rate: What It Is, How It Works, and Types
    The swap rate is a special kind of interest rate that is utilized for the calculation of fixed payments in a derivative instrument called an interest rate swap.  ( 24 min )
    Wirehouse: What They are, Role in Economy
    A wirehouse is a term describing a full-service brokerage firm.  ( 19 min )
    Can a Creditor Seize My Retirement Savings?
    Whether a creditor can seize your retirement savings will depend on the type of account in which you are holding your money and the type of creditor.  ( 19 min )
    Student Loan Resumption Could Stifle Up To $5 Billion of Consumer Spending A Month
    When required payments on federally-held student loans resume this September, borrowers will have $5 billion a month less to spend on other things, putting stress on an economy already facing the prospect of a recession.  ( 17 min )
    EU Study Suggests Treating Crypto Assets As Securities. Is It a Win For SEC Chair Gensler?
    As the EU officially signs MiCA regulation into law, an EU Parliamentary study suggests crypto assets should be treated as securities by default. Is it vindication for SEC chair Gensler?  ( 17 min )
    Inflation-Adjusted Return: Definition, Formula, and Example
    The inflation-adjusted return is a measure that accounts for the return period's inflation rate.  ( 24 min )
  • Open

    Dow Jones Today: Debt Vote Drives Index Higher
    The Dow Jones Industrial Average moved higher by more than 0.5%, or 153 points, as investors celebrated the House of Representatives passage of the debt-ceiling bill, which now goes to the Senate.  ( 1 min )
    Markets Rise as Debt Ceiling Advances in Congress
    Markets gained on Thursday, June 1, 2023 as bipartisan plan to raise the debt ceiling advances in Congress.  ( 1 min )
  • Open

    Opnieuw meer schone energie gebruikt vorig jaar
    Nederlanders hebben ook in 2022 meer schone energie verbruikt dan het jaar ervoor. Vooral het gebruik van zonnepanelen zit in de lift. Biomassa is juist minder verstookt en ook het gasverbruik - dat niet duurzaam is - is flink gedaald. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )
    Hoe een rechter bedrijfseigenaar Sanderink buitenspel kan zetten
    Gerard Sanderink is in zeven maanden tijd bij twee van zijn bedrijven buitenspel gezet door de rechter. Hoe kan dit als de omstreden miljonair volledig eigenaar en bestuursvoorzitter van Strukton is en dat eerder van Centric was?  ( 7 min )
  • Open

    Hormel Shares Rise as It Beats Profit Estimates
    Hormel beats profit estimates, sending shares higher.  ( 1 min )
2023-07-01T05:12:19.414Z osmosfeed 1.15.1